Wells Fargo Raises PT on Applied Materials (AMAT) Stock

Applied Materials, Inc. (NASDAQ:AMAT) is one of the Best Wide Moat Stocks to Buy Right Now. Applied Materials, Inc. (NASDAQ:AMAT) enjoys a wide moat, which stems from its broadest portfolio and healthy market share. On October 8, Wells Fargo lifted the price target on the company’s stock to $250 from $240, while keeping an “Overweight” rating, as reported by The Fly. As per the firm, SEMICON West reinforced the positive long-term secular position of semi-cap. Furthermore, the near-term demand commentary is ...