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February 16, 2024
Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its second quarter earnings guidance on Thursday morning. The company provided EPS guidance of $1.79-$2.15 for the period, compared to the consensus EPS estimate of $1.80. The company issued revenue guidance of $6.10-$6.90 billion, compared to the consensus revenue estimate of $6.34 billion. Wall […]
February 16, 2024
Wall Street takes pause after stronger-than-expected producer inflation report, potentially delaying Fed rate cuts and impacting major indices and stocks.
February 16, 2024
Applied Materials (NASDAQ:AMAT – Get Free Report) had its target price hoisted by analysts at Citigroup from $170.00 to $211.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the manufacturing equipment provider’s stock. Citigroup’s price objective points to a potential upside of 3.76% from the company’s […]
February 16, 2024
Applied Materials (NASDAQ:AMAT – Get Free Report) had its price target increased by investment analysts at Susquehanna from $138.00 to $160.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the manufacturing equipment provider’s stock. Susquehanna’s price objective points to a potential downside of 14.74% from the […]
February 16, 2024
Applied Materials (NASDAQ:AMAT – Get Free Report) had its price objective hoisted by investment analysts at Raymond James from $180.00 to $225.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the manufacturing equipment provider’s stock. Raymond James’ target price would suggest a potential upside of 13.49% […]
February 16, 2024
Applied Materials (NASDAQ:AMAT – Get Free Report) had its target price boosted by equities research analysts at Stifel Nicolaus from $175.00 to $230.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the manufacturing equipment provider’s stock. Stifel Nicolaus’ price target points to a potential […]
February 16, 2024
Korea Investment CORP lowered its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 10.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 390,349 shares of the manufacturing equipment provider’s stock after selling 43,808 shares during the quarter. Korea Investment CORP’s holdings […]
February 16, 2024
Applied Materials (NASDAQ:AMAT – Get Free Report) updated its second quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.79-$2.15 for the period, compared to the consensus estimate of $1.80. The company issued revenue guidance of $6.10-$6.90 billion, compared to the consensus revenue estimate of $6.34 billion. Analyst Upgrades and […]
February 16, 2024
Stocks that traded heavily or had substantial price changes on Friday: DoorDash, Treehouse Foods fall; Trade Desk, Toast rise.
February 16, 2024
Stocks that traded heavily or had substantial price changes on Friday: DoorDash, Treehouse Foods fall; Trade Desk, Toast rise.