Nomura Securities Downgrades Applied Materials (AMAT) to Neutral on TEL Deal Termination

Goldman Sachs Reinstates Applied Materials (AMAT) at Buy

Goldman Sachs reinstated coverage on Applied Materials (NASDAQ: AMAT) with a Buy rating and a price target of $24.00.

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 $19.97 yesterday.

Applied Materials (AMAT) Outlook Lowered to Stable by S&P Following Termination of Tokyo Electron Deal

Standard & Poor's Ratings Services said it revised its outlook on Applied Materials (Nasdaq: AMAT) to stable from positive. At the same time, we affirmed our 'A-' corporate credit rating and other ratings on the company.

The outlook revision to stable reflects our view that the anticipated product portfolio and market position enhancements resulting from the planned merger with Tokyo Electron will not materialize as a result of Applied Materials' termination oof the transaction.

Applied Materials is the leading worldwide supplier of semiconductor manufacturing equipment in terms of total... More

Applied Materials (AMAT) Will be Fine on Its Own; Cowen Reiterates 'Outperform' Rating

Cowen and Company reaffirms Applied Materials, Inc. (AMAT) at Outperform with a $26 price target following news that its deal with Tokyo Electron is off.

Analyst Tim Arcuri sees Applied Materials being fine on its own. The analyst commented, We think that AMAT can generate $1.70+ in C2016 and ~$1.80+ in... More

Applied Materials (AMAT) Fine on its Own, Piper Jaffray Says After Tokyo Electron Deal Falls Apart

Piper Jaffray analyst Ruben Roy reiterated an Overweight rating and $25 price target on Applied Materials (NASDAQ: AMAT) after the company and Tokyo Electron terminated their merger agreement. The analyst said the company will be just fine on its own.

"We believe AMAT... More

Applied Materials (AMAT) Undervalued Following Fallout From Merger Collapse - Summit Research

Summit Research commented on Applied Materials (NASDAQ: AMAT) busted merger with Tokyo Electron in a research note Monday. Shares of Applied Materials fell over 7.5% after announcing the merger was terminated. Srini Sundararajan said the stock is "undervalued post the fallout of merger collapse."

"In our opinion, post the merger collapse, the position of the current senio management is likely to be politically weakened (slightly) in the immediate term.but... More

Applied Materials (AMAT) Announces $3B Share Repurchase Plan Amid Merger Termination

With news the company and and Tokyo Electron have terminated merger plans, Applied Materials (NASDAQ: AMAT) anounced that its Board of Directors has approved a new share repurchase program authorizing up to $3 billion in repurchases over the next three years beginning in the... More

Applied Materials (AMAT), Tokyo Electron Terminate Merger

Overnight, Applied Materials (NASDAQ: AMAT) and Tokyo Electron Limited (TSE:8035) announced that they have agreed to terminate their Business Combination Agreement (BCA). No termination fees will be payable by either party.

The decision came after the U.S. Department of Justice (DoJ) advised the parties that the coordinated remedy proposal... More