I see price targets going to 80 tomorrow. Maybe an 85 from a very enthusiastic analyst. Its a cheap stock compared to klac and lrcx.
I see the high tomorrow at 67.50-68. If the street loves it and believes the forecasts, it will go to 70.
Be careful though. I dont like how MU rolled over or how NVDA may have topped out today.
a side note about AMAT despite their awesome forecast. Intel ( INTC ) is a very large customer of theirs and INTC has been acting horribly and underperforming based on lack luster earnings. Keep that in mind as well as my other chip mentions.
