Applied Materials (AMAT) $3 In EPS Could Be On The Table - Cowen

UBS Raises Price Target on Applied Materials (AMAT) to $28.50; Reiterates Buy

UBS reiterated a Buy rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $28.50 (from $26.00), following the company's 2Q earnings report. Applied's guided its 3Q quarterly sales and EPS to $2.8B and $0.48 which was much higher than consensus at $2.6B and $0.36.

Analyst Stephen Chin commented, "We reiterate our Buy rating as Applied's quarterly results and guidance give us... More

Applied Materials (AMAT) PT Lifted to $25 at Credit Suisse Following Strong Results

Credit Suisse analyst F. Ahmad reiterated an Outperform rating and raised his price target on Applied Materials (NASDAQ: AMAT) to $25.00 (from $23.00) following a strong beat driven by NAND.

Ahmad commented, "AMAT is clearly outgrowing peers this year, driven by favourable mix shift within... More

Applied Materials (AMAT) volatility expected to come in on better than expected Q2 results and outlook

Applied Materials (NASDAQ: AMAT) is recently up $1.79 to $21.70 in the premarket after the chipmaker reported better than expected Q2 results and guidance. May call option implied volatility is at 100, June is at 46; compared to its 52-week range of 21 to 46.

B. Riley Upgrades Applied Materials (AMAT) to Buy

B. Riley upgraded Applied Materials (NASDAQ: AMAT) from Neutral to Buy with a price target of $27.00.

For an analyst ratings summary and ratings history on Applied Materials click here. For more ratings news on Applied Materials click here.

Shares of Applied Materials closed at $19.91 yesterday.

Applied Materials Inc (AMAT) Share Gain Opportunities Will Materialize - RBC

RBC Capital Analyst, Amit Daryanani, thinks that Applied Materials (NASDAQ: AMAT) reported a very impressive beat-and raise quarter with orders at a 15-year high driven by strong orders from NAND and Display. While AMAT maintained its WFE outlook, management is incrementally more... More

Applied Materials (AMAT) Tops Q2 EPS by 2c; Boosts Q3 Outlook

Applied Materials (NASDAQ: AMAT) reported Q2 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $2.45 billion versus the consensus estimate of $2.43 billion.

In our second quarter we booked our highest orders in 15 years and we expect to deliver... More