AMAT Among A.I. & Homebuilder Price Target Cuts, Fintech Hikes

Citi made several cuts in the A.I. race. For one, they lowered price targets for Applied Materials (AMAT), KLA Corp. (KLAC) and Lam Research (LRCX). The firm also cut Wafer Fab equipment model to $94 billion. Homebuilders didn't fare much better after getting cuts from Wells Fargo. Meanwhile, Barclays raised price targets for fintech companies like PayPal (PYPL) and Block (SQ). Diane King Hall takes a look at this morning's price target action.

Morning Trade Live

17 Dec 2024

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