Applied Materials (AMAT) Tops Q3 EPS by 2c, Q4 Guidance Tops Views

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Applied Materials (AMAT) PT Raised to $48 at RBC Capital Following Solid 3Q

August 18, 2017 6:49 AM EDT

RBC Capital raised its price target on Applied Materials (NASDAQ: AMAT) to $48.00 (from $46.00) while maintaining a Sector Perform rating following the company's 3Q release. AMAT reported results of $3.74B/$0.86 vs. the Street's expectations of $3.69B/$0.84. Guide range was revenue of $3.60-3.75B and EPS... More