Applied Materials (AMAT) Misses Q2 EPS by 5c, Guidance Misses
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Applied Materials (AMAT) PT Lowered to $130 at Needham & Company
May 20, 2022 6:52 AM EDTNeedham & Company analyst N. Quinn Bolton lowered the price target on Applied Materials (NASDAQ: AMAT) to $130.00 (from $172.00) while maintaining a Buy rating following earnings.
The analyst commented, "Supply chain headwinds caused AMAT to miss estimates and guide below consensus.... More
