This Applied Materials Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Seaport Global analyst Jay Goldberg initiated coverage on Applied Materials Inc (NASDAQ:AMAT) with a Buy rating and announced a price target of $500. Applied Materials shares traded at $412.58 on Tuesday. See how other analysts view this stock.
• Citizens analyst Jonathan Wolleben initiated coverage on Biomea Fusion Inc (NASDAQ:BMEA) with a Market Outperform rating and announced a price target of $9. Biomea Fusion shares traded at $1.49 on Tuesday. See how other analysts view this stock.
• Guggenheim analyst Seamus Fernandez initiated coverage on Aclaris Therapeutics Inc (NASDAQ:ACRS) with a Buy rating and announced a price target of $12. Aclaris Therapeutics shares traded at $4.68 on Tuesday. See how other analysts view this stock.
• UBS analyst Alex Stansbury initiated coverage on Kaiser Aluminum Corp (NASDAQ:KALU) with a Neutral rating and announced a price target of $176. Kaiser Aluminum shares traded at $177.15 on Tuesday. See how other analysts view this stock.
• Wedbush analyst Laura Chico initiated coverage on Sionna Therapeutics Inc (NASDAQ:SION) with an Outperform rating and announced a price target of $53. Sionna Therapeutics shares traded at $40.94 on Tuesday. See how other analysts view this stock.

Considering buying AMAT stock? Here’s what analysts think:

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