🟢 AMAT is trading 3.5% up today after Cantor Fitzgerald raised its price target to $850 on AI demand

AMAT is trading 3.5% higher at $718.82 following a significant price-target increase from Cantor Fitzgerald, which cited a durable multi-year growth cycle driven by AI infrastructure demand.

• Cantor Fitzgerald raised its price target to $850 from $650 and reiterated an Overweight rating, highlighting sustained AI-related semiconductor spending.
• The upgrade follows strong fiscal Q2 2026 results and reflects continued market optimism regarding the company's position in the AI hardware sector.