Form 8-K APPLIED MATERIALS INC For: Aug 18

Go back to Form 8-K APPLIED MATERIALS INC For: Aug 18

Applied Materials (AMAT) PT Lowered to $140 at Cowen

August 19, 2022 9:36 AM EDT

Cowen analyst Krish Sankar lowered the price target on Applied Materials (NASDAQ: AMAT) to $140.00 (from $160.00) while maintaining an Outperform rating following earnings.

The analyst commented, "AMAT reported a strong July 22 Q and Sept 22 guide despite the challenging macro/supply chain environment. Following... More