B. Riley Raises Target on Applied Materials (AMAT) on HBM and DRAM Capex Upside

B. Riley has raised its target price for Applied Materials (AMAT), driven by positive expectations for HBM (High Bandwidth Memory) and DRAM (Dynamic Random Access Memory) capital expenditures. This adjustment reflects growing confidence in the semiconductor sector's recovery, which could lead to increased investment and stock performance for AMAT.