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 315from315 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 ...