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Fly News Breaks for August 10, 2015
AMAT
Aug 10, 2015 | 08:20 EDT
Pacific Crest says that sentiment towards Applied Materials and its sector is negative ahead of the company's earnings on Thursday. However, the firm thinks that "semiconductor equipment demand is still reasonably good," while the stock has reached a compelling entry point,.The firm keeps a $27 price target and Outperform rating on Applied Materials.
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