Applied Materials Delivers Strong Year-on-Year Growth in Quarterly Revenue and Operating Profit

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Applied Materials (AMAT) PT Raised to $74 at Credit Suisse; 'Big Buyback + Low Multiple = EPS Growth'

February 15, 2018 8:47 AM EST

Credit Suisse raised its price target on Applied Materials (NASDAQ: AMAT) to $74.00 (from $72.00) while maintaining a Outperform rating following solid results and outlook.

Analyst F. Ahmad highlighted the following positives: (i) 2019 Commentary: AMATs outlook suggests that WFE could be... More

Applied Materials (AMAT) PT Raised to $73 at Susquehanna

February 15, 2018 7:22 AM EST

Susquehanna raised its price target on Applied Materials (NASDAQ: AMAT) to $73.00 (from $72.00) while maintaining a Positive rating.

Analsyt Mehdi Hosseini commented, "We are increasing estimates and raising our price target to $73 to reflect a solid report and guide. Display Rev growth... More

Applied Materials (AMAT) PT Raised to $71 at Stifel

February 15, 2018 6:37 AM EST

Stifel raised its price target on Applied Materials (NASDAQ: AMAT) to $71.00 (from $66.00) while maintaining a Buy rating.

Analyst Patrick Ho commented, "On Wednesday after the market close, Applied Materials reported 1Q18 (Jan) earnings results ahead of ours and consensus expectations. As... More

Applied Materials (AMAT) Tops Q1 EPS by 8c, Offers Guidance

February 14, 2018 4:03 PM EST

Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $1.06, $0.08 better than the analyst estimate of $0.98. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.12 billion.

GUIDANCE:

Applied Materials sees Q2 2018 EPS of $1.10-$1.18, versus the consensus of $1.02.... More