Applied Materials (AMAT) Tops Q2 EPS by 3c, Q3 Guidance Beats

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Applied Materials (AMAT) PT Raised to $47 at Instinet Following 2Q

May 19, 2017 10:23 AM EDT

Instinet raised its price target on Applied Materials (NASDAQ: AMAT) to $47.00 (from $40.00) while maintaining a Buy rating. AMAT reported 2Q revenue and EPS of $3.55bn and $0.79, above the Street estimates of $3.53bn and $0.76, respectively.

AMAT guided 3Q revenue and EPS of $3.68bn and... More

Applied Materials (AMAT) PT Raised to $54 at Needham & Company on 2Q Beat; 'Strong Demand Across All Segments'

May 19, 2017 8:33 AM EDT

Needham & Company raised its price target on Applied Materials (NASDAQ: AMAT) to $54.00 (from $50.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Y. Edwin Mok notes the company delivered second quarter earnings per share and revenues above consensus... More