UPDATE: Goldman Sachs Removes Applied Materials (AMAT) From Conviction Buy List
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UBS Reiterates Buy on Applied Materials (AMAT)
October 6, 2016 8:40 AM EDTUBS reiterated a Buy rating and $35.00 price target on Applied Materials (NASDAQ: AMAT) following results from proprietary fab tracker. The tracker showed the incumbent China semiconductor fabs made total semicap purchases totalling $330M last month. This amount is relatively in line with the monthly average so far this year.
Analyst Stephen Chin commented, "We keep a Buy rating as we remain... More
