Applied Materials revenue rises 9.9 percent
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UBS Cuts Price Target on Applied Materials (AMAT) to $18.75 as Foundry Weakness Continues
August 14, 2015 9:45 AM EDTUBS maintained a Neutral rating on Applied Materials (NASDAQ: AMAT), and cut the price target to $18.75 (from $20.50), as foundry weakness continues. Analyst Stephen Chin said that foundry weakness is likely to limit upside in the near-term. AMAT's Jul-15 results were in-line with guidance, with NAND orders more than doubling to a record... More
Applied Materials (AMAT) Could Be Range-Bound Near-Term - Pacific Crest
August 14, 2015 9:42 AM EDTPacific Crest maintained an Overweight rating on Applied Materials (NASDAQ: AMAT) but trimmed its price target to $23.00 (from $27.00). Analyst Weston Twigg still likes the stock but thinks shares could be range-bound for a while.
"AMAT recorded its largest bookings since... More
RBC Capital Cuts Price Target on Applied Materials (AMAT) Following 3Q15 and WFE Outlook
August 14, 2015 7:03 AM EDTRBC Capital maintained a Sector Perform rating on Applied Materials (NASDAQ: AMAT), and cut the price target to $16.00 (from $19.00), following 3Q15 earnings results. AMAT reported revenue of $2.49B and EPS of $0.33 compared to consensus $2.54B and $0.33 respectively. AMAT provided commentary on CY16 that Analyst Mahesh... More
