Applied Materials (AMAT) Target Raised to $200 at Lynx Equity Strategies; 'The Street Missed the Forest for the Trees'

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Applied Materials (AMAT) PT Raised to $190 at Cowen

November 19, 2021 7:52 AM EST

Cowen analyst Krish Sankar raised the price target on Applied Materials (NASDAQ: AMAT) to $190.00 (from $175.00) while maintaining an Outperform rating.

The analyst commented, "Surprisingly soft results and guide below consensus. Nevertheless the demand is not perishable and should help the relative growth... More

Applied Materials (AMAT) PT Raised to $166 at Needham & Company

November 19, 2021 7:15 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Applied Materials (NASDAQ: AMAT) to $166.00 (from $153.00) while maintaining a Buy rating.

The analyst commented, "AMAT's F4Q21 earnings results came in below consensus on both the top and bottom line. Supply... More

Applied Materials (AMAT) PT Raised to $170 at Deutsche Bank

November 19, 2021 7:03 AM EST

Deutsche Bank analyst Sidney Ho raised the price target on Applied Materials (NASDAQ: AMAT) to $170.00 (from $160.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) Shares Fall on a Miss Across the Board Driven by Supply Shortages, Analysts Say to Buy the Dip

November 19, 2021 6:46 AM EST

Shares of Applied Materials (NASDAQ: AMAT) are down over 5.5% in pre-open Friday after the company reported disappointing FQ4 results.

Applied Materials reported Q4 EPS of $1.94, slightly lower than the analyst estimate of $1.95. Revenue for the quarter came in at $6.12 billion to again miss on the consensus estimate of $6.34 billion.

Demand for semiconductors and equipment continues to grow as the pandemic accelerates digital transformation of the economy, and currently, our supply chain cannot keep up, said Gary Dickerson, President and CEO.... More

Applied Materials (AMAT) PT Raised to $175 at BofA Securities

November 19, 2021 5:52 AM EST

BofA Securities analyst Vivek Arya raised the price target on Applied Materials (NASDAQ: AMAT) to $175.00 (from $170.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Raised to $189 at Stifel

November 19, 2021 4:08 AM EST

Stifel analyst Patrick Ho raised the price target on Applied Materials (NASDAQ: AMAT) to $189.00 (from $180.00) while maintaining a Buy rating.... More