TD Cowen Lifts Target on Applied Materials (AMAT) to $315, Names It a “Top 2026 Idea”

Applied Materials, Inc. (NASDAQ:AMAT) is one of the AI Stocks on the Market’s Radar. On December 4, TD Cowen raised its price target on the stock to $315.00 from $260.00 while maintaining a “Buy” rating. Firm analysts have named this chip manufacturing equipment firm their “Top 2026 Idea” driven by structural growth in DRAM and Foundry segments. AMAT is poised to experience tailwinds from the demand for dynamic random access memory (DRAM) and the leading-edge foundry industry. Both of these segments are ...