Applied Materials, Inc. (AMAT) Reports In-Line Q2 EPS, Offers Guidance

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Go back to Applied Materials, Inc. (AMAT) Reports In-Line Q2 EPS, Offers Guidance

Applied Materials (AMAT) PT Bumped Higher at Piper Jaffray on 'Strong' Q2

May 16, 2014 7:30 AM EDT

Piper Jaffray analyst Shawn Lockman reiterated an Overweight rating and boosted his price target on Applied Materials (NASDAQ: AMAT) to $21.00 (from $20.00) following strong Q2 performance.

Lockman comments, "AMAT reported April '14 qtr sales of $2.35B (+7% q/q, cons. $2.35B) as Silicon segment... More

Cowen Lifts PT on Applied Materials (AMAT) 30% Following Q2 Numbers; Keeps at 'Outperform'

May 16, 2014 6:49 AM EDT

Cowen and Company boosts its price target on Applied Materials (Nasdaq: AMAT) from $20 up to $26 and retains its Outperform rating on the stock following Q2 results.

Analyst Timothy Arcuri noted the Applied Materials' Q2 EPS of $.28 and orders of $2.63 billion compared with the firm's estimates of $.29 and $2.7 billion, respectively. DRAM orders... More