Information Provided By:
Fly News Breaks for May 17, 2019
May 17, 2019 | 09:24 EDT
Cowen analyst Krish Sankar raised his price target on Applied Materials to $53 from $47 after the company reported in-line results for the April-end quarter and gave "better than feared" guidance for the July-end quarter, citing stable Semis demand and a healthy Services business. He noted that management's tone remained unchanged from a quarter ago, signaling no incremental signs of deterioration in conditions despite the fact that demand visibility remains limited. Sankar keeps an Outperform rating on Applied Materials shares.
News For AMAT From the Last 2 Days
There are no results for your query AMAT