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