Applied Materials first-quarter results, current-quarter forecast beat on chip demand

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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 $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