Applied Materials Price Target Boosted to $705 by UBS on Continued Buy Rating

UBS analyst Timothy Arcuri reiterated a "Buy" rating for Applied Materials (AMAT) on July 15, 2026. Arcuri also significantly increased the firm's price target. The analyst raised the target to $705 from $570.

The updated price target reflects a positive outlook on Applied Materials' future performance and growth prospects within the semiconductor industry.