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Fly News Breaks for September 18, 2017
UCTT, AMAT
Sep 18, 2017 | 09:19 EDT
Craig-Hallum analyst Christian Schwab believes Applied Materials' (AMAT) upcoming analyst day scheduled for September 27th in NYC could be a positive catalyst of shares. The analyst believes the company will provide new long term annual targets. Further, Schwab says that with Ultra Clean (UCTT) being a significant supplier to Applied Materials he would expect the company to benefit from strength at the latter as well. The analyst reiterates a Buy rating for both Applied Materials and Ultra Clean.
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