Vetr Crowd Upgrades Applied Materials

The Vetr community on Tuesday upgraded Applied Materials, Inc. AMAT from 3.5 stars (Buy) to 4.5 stars (Strong Buy). Crowd confidence was very high, with 83.3 percent of Vetr users giving the stock a Buy rating, 5.6 percent a Hold and 11.1 percent a Sell.

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Applied Materials shares were trading up 0.52 percent at $53.66. The Vetr crowd is bullish, setting a price target of $57.92, implying an 8.77 percent upside. Analysts were bullish as well with most recent target prices falling in the $65-85 range.