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2017-05-16 07:45:28 AMAT Applied Materials $44.32 0.88 (2.03%) 07:45 05/16/17 05/16 07:45 05/16/17 07:45	Applied Materials price target raised to $51 from $44 at UBS UBS analyst Stephen Chin raised his price target on Applied Materials to $51 from $44 to reflect more confidence in China's potential to purchase semi capital equipment following the building of memory fabs that are well into foundational stages of construction. Chin reiterated his Buy rating on Applied Materials shares.	18 May 22 May 30 May 31 May 31 May 05 Jun 20 Jun
AMAT Applied Materials $44.32 0.88 (2.03%) 05/15/17 SBSH 05/15/17 NO CHANGE Target $200 SBSH Buy Citi ups Lam target to $200, Applied Materials target to $50 Citi analyst Atif Malik raised his price target for Lam Research (LRCX) to $200 from $161, for Applied Materials (AMAT) to $50 from $43 and for KLA-Tencor (KLAC) to $110 from $102. The first two names are Buy rated while the latter is Hold rated. To reflect higher 3D NAND investment expectations, Malik upped his 2018 wafer fab equipment spending target to $43B from $40B. Lam and AMAT are best positioned to benefit from sustained 3D NAND investments, Malik tells investors in a research note. 02/14/17 BOFA 02/14/17 NO CHANGE BOFA Applied Materials still worth owning despite rally, says BofA/Merrill BofA/Merrill analyst Krish Sankar says that Applied Materials' stock is still worth owning despite the 73% surge in the stock over the last year. Specifically, the analyst says that semicap fundamentals remain strong, while organic LED growth, in which the company is a major player, "is just beginning." Moreover, the company should benefit from ramping Chinese investments in semiconductors and its EPS could reach $4 in two years, according to the analyst. He keeps a $40 price target and a Buy rating on the shares. 02/13/17 COWN 02/13/17 NO CHANGE Target $40 COWN Outperform Applied Materials price target raised to $40 from $33 at Cowen Cowen analyst Timothy Arcuri raised his price target to $40 from $33 on Applied Materials ahead of Q4 results. The analyst sees strong better than expected results, maintenance of market share, and guidance that should support is new price target. Arcuri reiterated his Outperform rating on Applied Materials shares. 01/25/17 SBSH 01/25/17 NO CHANGE SBSH Citi moves Lam Research to top pick in SemiCap Equipment Citi analyst Atif Mali moved Lam Research (LRCX) to his top pick in Semiconductor Capital Equipment citing his call for outsized memory spend growth in 2017. Applied Materials (AMAT) moves to Mali's number two pick from one. The analyst raised his price target for Lam shares to $135 from $123 and keeps a Buy rating on the name. He keeps a Buy rating on AMAT with a $43 price target and also upped his target for Hold-rated KLA-Tencor (KLAC) to $84 from $74. Mali expects equipment fundamentals to remain strong.

2017-05-16 07:45:28

AMAT

Applied Materials

$44.32: 0.88 (2.03%)

07:45

05/16/17

05/16

07:45

05/16/17

07:45

Applied Materials price target raised to $51 from $44 at UBS

UBS analyst Stephen Chin raised his price target on Applied Materials to $51 from $44 to reflect more confidence in China's potential to purchase semi capital equipment following the building of memory fabs that are well into foundational stages of construction. Chin reiterated his Buy rating on Applied Materials shares.

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AMAT Applied Materials

$44.32: 0.88 (2.03%)

05/15/17: SBSH

02/14/17: BOFA

02/13/17: COWN

01/25/17: SBSH

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Applied Materials price target raised to $51 from $44 at UBS

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