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Jefferies Financial Group downgraded shares of Applied Materials (NASDAQ:AMAT – Free Report) from a buy rating to a hold rating in a research report report published on Monday, Marketbeat reports. Jefferies Financial Group currently has $210.00 price target on the manufacturing equipment provider’s stock, down from their previous price target of $215.00. Several other analysts […]
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Stocks may take a breather after Wednesday’s record run, fueled by a mild consumer price inflation report, with index futures holding relatively steady in early trading.
Applied Materials currently has a dividend yield of 0.74%, which is a quarterly dividend amount of 40 cents a share ($1.60 a year).
Applied Materials, Inc. (NASDAQ:AMAT) is expected to release earnings results for its second quarter, after the closing bell on Thursday. Analysts expect the Santa Clara, California-based company to report quarterly earnings at $1.99 per share. That’s up from $1.78 per share in the year-ago period. Applied Materials is projected to post quarterly revenue of $6.54 billion, according to data from Benzinga Pro. On Monday, Jefferies analyst Blayne Curtis downgraded Applied Materials from Buy to Hold