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Fly News Breaks for February 13, 2020
AMAT
Feb 13, 2020 | 07:22 EDT
Cowen analyst Krish Sankar raised his price target on Applied Materials to $78 from $75 following its beat and raise quarterly results. The analyst said he was surprise by the magnitude of the beat given management had cut the guidance due to the coronavirus. Sankar reiterated his Outperform rating on Applied Materials shares.
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