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