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Applied Materials (AMAT) PT Raised to $65 at Nomura/Instinet Following 4Q
November 21, 2017 7:39 AM ESTNomura/Instinet raised its price target on Applied Materials (NASDAQ: AMAT) to $65.00 (from $55.00) while maintaining a Buy rating following the company's 4Q earnings report. AMAT reported 4Q revenue/EPS of $3.97bn/$0.93, above the Street's estimates of $3.94bn/$0.91. GM declined 40bps qoq to 46.2% but... More
