Applied Materials Delivers Record Earnings Per Share

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Applied Materials (AMAT) PT Raised to $40 at Instinet

February 17, 2017 5:53 AM EST

Instinet raised its price target on Applied Materials (NASDAQ: AMAT) to $40.00 (from $34.00) while maintaining a Buy rating.

Analyst Romit Shah commented, "AMAT reported in-line but solid F1Q and guided F2Q well above, driven by strength in Display (+122%... More

Applied Materials (AMAT) PT Raised to $42 at UBS; Reiterates Buy

February 16, 2017 9:19 AM EST

UBS raised its price target on Applied Materials (NASDAQ: AMAT) to $42.00 (from $40.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Raised to $43 at Needham & Company Following 'Very Strong’' F1Q17 Bookings

February 16, 2017 7:51 AM EST

Needham & Company analyst Y. Edwin Mok reiterates Buy rating and raises price target on Applied Materials Inc. (NASDAQ: AMAT) to $43 (from $40) noting very strong bookings and positive guidance, as the company reported 2017 fiscal first quarter revenue and EPS above estimates.

Mok comments,... More

Applied Materials (AMAT) PT Raised to $35 at RBC Capital Following Strong April-Q Guidance

February 16, 2017 5:57 AM EST

RBC Capital Markets analyst Amit Daryanani reiterates Sector Perform rating and raises price target on Applied Materials Inc. (NASDAQ: AMAT) to $35 (from $30), as the company provided April quarter guidance well above expectations.

Daryanani writes, "AMAT reported Jan-qtr results in line with Street and provided Apr-qtr... More

Cowen Reiterates Outperform Rating and $40 PT on Applied Materials (AMAT) Citing Big Orders

February 16, 2017 5:47 AM EST

Cowen and Co. analyst Timothy Arcuri reiterates Outperform rating and $40 price target on Applied Materials Inc. (NASDAQ: AMAT), noting another record order number and strong April quarter guidance, provides a positive outlook for the company.

Arcuri comments, "While an incredibly big order # begs... More

Applied Materials (AMAT) Tops Q1 EPS by 1c; Raises Q2 Outlook

February 15, 2017 4:03 PM EST

Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $0.67, $0.01 better than the analyst estimate of $0.66. Revenue for the quarter came in at $3.28 billion versus the consensus estimate of $3.27 billion.

GUIDANCE:

Applied Materials sees Q2 2017 EPS of $0.72-$0.80, versus the consensus of $0.63.... More