Applied Materials (AMAT) Reports In-Line Q1 EPS

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Applied Materials (AMAT) Bullish Stance Reiterated at Piper Jaffray Post Q1

February 12, 2015 9:01 AM EST

Piper Jaffray analyst Ruben Roy reiterated an Overweight rating and $35 price target on Applied Materials (NASDAQ: AMAT) following Q1 results. Despite no TEL merger updated the company is positioned well, the analyst said.

Roy commented, "We remain positive on AMAT as it remains well-positioned to... More