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UBS Remains Neutral on Applied Materials (AMAT) Following 3Q Results
November 13, 2015 9:33 AM ESTUBS reiterated a Neutral rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $18.00 (from $15.75), following the company's 3Q earnings report. Applied's Oct-15 results were in-line with its guidance despite its semicap orders being down 28% q/q. A key focus has been gross margin trends and... More
Cowen Reiterates Outperform on Applied Materials (AMAT) Following In-Line 4Q Results
November 13, 2015 7:16 AM ESTCowen reiterated an Outperform rating and $21.50 price target on Applied Materials (NASDAQ: AMAT) following the company's 4Q earnings report. EPS was $0.29, spot in-line with Street estimates as most line items were in line. The macro picture, however, remains clouded by industry dynamics... More
