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Fly News Breaks for November 16, 2018
AMAT
Nov 16, 2018 | 07:46 EDT
Credit Suisse analyst John Pitzer maintained an Outperform rating on Applied Materials but cut his price target to $59 after the company guided Q1 below expectations, telling investors in a research note that while Applied Materials expects 1H19 to be better than 2H18, suggesting that Q1 is likely a trough, Q2 will not be a major step up.
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