After meeting with members of Applied Materials' Process, Diagnostics and Control group, Stifel analyst Patrick Ho says that the group and Applied' Materials' value proposition have reached positive turning points. Ho says that collaboration between the company's process groups and the process control group has improved, while the company is better positioned to deliver key innovations. He thinks the company can meet or exceed its goal of $300M in incremental process control revenue by 2019 and keeps a $55 price target and a Buy rating on the stock.