Applied Materials (AMAT) Could Be Range-Bound Near-Term - Pacific Crest

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Cowen Trims PT on Applied Materials (AMAT) to $24; Q3 Results Hampered by Foundry/Logic Exposure

August 14, 2015 8:20 AM EDT

Cowen and Company maintains an Outperform rating on Applied Materials, Inc. (AMAT), but trims its price target by $1 to $24 following Q3 results and outlook.

Analyst Timothy Arcuri noted the Applied Materials' Q3 EPS of $0.33 was flat with the firm's expectations.

Arcuri also commented on what to do with Applied Materials moving forward: In a vacuum, SSG orders last seen in... More

RBC Capital Cuts Price Target on Applied Materials (AMAT) Following 3Q15 and WFE Outlook

August 14, 2015 7:03 AM EDT

RBC 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

Applied Materials revenue rises 9.9 percent

August 13, 2015 4:12 PM EDT

(Reuters) - Applied Materials Inc (NASDAQ: AMAT) reported a 9.9 percent rise in quarterly revenue as chipmakers spent more on technology used to make smartphones and memory chips.

Net income rose to $329 million, or 27 cents per share, in the third quarter ended July 26,... More

Applied Materials (AMAT) Reports In-Line Q3 EPS, Offers Q4 Guidance

August 13, 2015 4:03 PM EDT

Applied Materials (NASDAQ: AMAT) reported Q3 EPS of $0.33, in-line with the analyst estimate of $0.33. Revenue for the quarter came in at $2.49 billion versus the consensus estimate of $2.54 billion.

Applied Materials sees Q4 2015 EPS of $0.27-$0.31, may not compare to the consensus of... More