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Fly News Breaks for February 15, 2018
AMAT
Feb 15, 2018 | 07:47 EDT
Stifel analyst Patrick Ho noted that Applied Materials' Q1 results topped his and consensus expectations and the company "exuded a very positive tone" on 2018 in its earnings report commentary. Following the earnings call, he has raised his estimates for Applied Materials and increased his price target on the stock to $71. Ho keeps a Buy rating on Applied Materials, which he calls the top stock in his coverage.
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