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Applied Materials (AMAT): New Guidance Is Still Too Conservative - Nomura

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Applied Materials (AMAT) PT Raised to $35 at Berenberg

September 22, 2016 7:57 AM EDT

Berenberg analyst Tammy Qiu reiterated a Buy rating and raised her price target on Applied Materials (NASDAQ: AMAT) to $35.00 (from $30.00) following the company's 2016 analyst day.

Qiu commented, "In our view, the three key takeaways from the event were: 1) new industrial trends such as... More