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RBC Capital Upgrades Applied Materials (AMAT) to Outperform, Ups Price Target to $15

January 17, 2012 7:50 AM EST
AMAT Hot Sheet
Rating Summary:
    6 Buy, 6 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
RBC Capital upgraded shares of Applied Materials (NASDAQ: AMAT) to an Outperform rating from its previous rating of Sector Perform. The firm raised its price target on the stock from $12 to $15.

For an analyst ratings summary and ratings history on Applied Materials click here. For more ratings news on Applied Materials click here.

Shares of Applied Materials closed at $11.50 yesterday, with a 52 week range of $9.70-$16.93.


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