Applied Materials, Inc. (AMAT) Tops Q3 EPS by 1c

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Applied Materials (AMAT) Bullish Stance Reiterated at Piper Jaffray Post Q3; PT Trimmed

August 15, 2014 7:29 AM EDT

Piper Jaffray analyst Ruben Roy reiterated an Overweight rating on Applied Materials (NASDAQ: AMAT) but trimmed his price target to $25.00 (from $27.00) following solid Q3 results with favorable long-term trends.

Roy commented, "Our positive outlook on AMAT continues after the company reported solid... More