Applied Materials (AMAT) August 27.50 straddle priced for 5.7% movement into Q3

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Go back to Applied Materials (AMAT) August 27.50 straddle priced for 5.7% movement into Q3

Credit Suisse Raises Price Target on Applied Materials (AMAT) Following 3Q Report

August 19, 2016 11:39 AM EDT

Credit Suisse reiterated an Outperform rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $34.00 (from $29.00), following the company's 3Q earnings report. EPS beat of $0.02 over the Street was primarily driven by lower taxes. Revenues were reported at $2.82bn missed the Street's $2.87bn... More

Needham & Company Raises Price Target on Applied Materials (AMAT) Following Mixed 3Q

August 19, 2016 7:43 AM EDT

Needham & Company reiterated a Buy rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $34.00 (from $29.00), following the company's 3Q earnings report. Revenue of $2.82B slightly missed the Street's $2.84B, but NG EPS of $0.50 beat consensus of $0.48 due to lower tax.... More