Cowen Keeps Applied Materials (AMAT) at 'Outperform'; Comments Ahead of Q3 Print
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Applied Materials (AMAT) Reports In-Line Q4 EPS; Issues Light Q1 EPS Outlook
November 13, 2014 4:03 PM ESTApplied Materials (NASDAQ: AMAT) reported Q4 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.27 billion.
"Our fourth quarter results round out a strong year for Applied Materials where we grew... More
UPDATE: Credit Suisse Upgrades Applied Materials (AMAT) to Outperform
November 13, 2014 6:57 AM EST(Updated - November 13, 2014 11:43 AM EST)
Credit Suisse upgraded Applied Materials (NASDAQ: AMAT) from Neutral to Outperform with a price target of $26.00 (from $22).
Analyst John W. Pitzer said, "We are upgrading AMAT from N to OP to reflect:(1) better than expected 1H15 WFE specifically, we see >15% H/H WFE growth versus... More
