Information Provided By: 
Fly News Breaks for April 28, 2015
AMAT
Apr 28, 2015 | 08:36 EDT
After Applied Materials (AMAT) canceled its merger with Tokyo Electron (TOELY) , Stifel remains upbeat on Applied Materials' outlook. The firm says that the company's market positioning is benefiting from increasing capital intensity trends, while its long-term outlook is strong. Stifel says that it is confident that the company can successfully execute its standalone plan going forward,. It trimmed its price target on the name to $24 from $29 but keeps a Buy rating on the shares.
News For AMAT From the Last 2 Days
