Needham More Cautious than Applied Materials' (AMAT) Management
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/20/2026
Go back to Needham More Cautious than Applied Materials' (AMAT) Management
November 16, 2015 8:01 AM EST
Nomura analyst, Romit Shah, believes investors are preoccupied about how Applied Materials (NASDAQ: AMAT) will respond to Lam Research, and underappreciating an attractive return profile that should improve over the next three years. Today, the company offers 9% FCF yield and mid-teens growth but could grow into double... More
November 13, 2015 9:33 AM EST
UBS 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
November 13, 2015 7:16 AM EST
Cowen 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
