Applied Materials (AMAT) Tops Q1 EPS by 1c; Guides Q1 Above Views

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Needham & Company Upgrades Applied Materials (AMAT) to Buy

February 19, 2016 7:23 AM EST

Needham & Company upgraded Applied Materials (NASDAQ: AMAT) from Hold to Buy with a price target of $22.00.

Analyst Y. Edwin Mok commented, "We are upgrading AMAT from a Hold to a Buy as we believe the drivers are now in place to deliver... More