Applied Materials (AMAT): Guidance Conservative - RBC

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Go back to Applied Materials (AMAT): Guidance Conservative - RBC

Applied Materials (AMAT) PT Raised to $47 at Instinet Following 2Q

May 19, 2017 10:23 AM EDT

Instinet raised its price target on Applied Materials (NASDAQ: AMAT) to $47.00 (from $40.00) while maintaining a Buy rating. AMAT reported 2Q revenue and EPS of $3.55bn and $0.79, above the Street estimates of $3.53bn and $0.76, respectively.

AMAT guided 3Q revenue and EPS of $3.68bn and... More