TD Cowen Raises Applied Materials (AMAT) PT to $315, Maintains Buy Rating Citing Intersection of Strong DRAM, Leading-Edge Foundry Market Uptrends

Applied Materials Inc. (NASDAQ:AMAT) is one of the most profitable tech stocks to buy. On December 4, TD Cowen analyst Krish Sankar raised the firm’s price target on Applied Materials to $315 from $260 and maintained a Buy rating on the shares. The firm believes the company is currently at the intersection of two major market uptrends: one in the DRAM sector and another in leading-edge Foundry. Earlier in its Q4 2025 earnings report, the company disclosed achieving a revenue of $28.4 billion for the full ...