Applied Materials (AMAT) Upgraded to Strong-Buy by Needham & Company LLC

Applied Materials Inc. has $76.0 highest and $12 lowest target. The stock is now moving above its 20-Day Simple Moving Average of 6.97% with a 50-Day Simple Moving Average of 3.02 percent.

Analysts await Applied Materials, Inc. On Tuesday, January 2 the insider Nalamasu Omkaram sold $2.83M. The stock of U.S. Bancorp (NYSE:USB) earned "Neutral" rating by JP Morgan on Thursday, April 7. RBC Capital Markets maintained The Western Union Company (NYSE:WU) on Friday, June 16 with "Hold" rating. The rating was downgraded by Guggenheim on Wednesday, April 6 to "Neutral". (NASDAQ:AMAT) on Tuesday, August 11 with "Overweight" rating. Also, the Hold rating count is 13 as of 01/08/18. RBC Capital Markets has "Sector Perform" rating and $16 target. After $0.93 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.30 % EPS growth. Schroder Investment Management Group now owns 304,508 shares of the manufacturing equipment provider's stock worth $12,618,000 after buying an additional 203,655 shares in the last quarter. Applied Matls Inc now has $59.07B valuation. It opened the session with a $55 price tag, later ranging from $54.97 to $56.45, the range at which the stock has traded at throughout the day. About 11.66M shares traded or 60.36% up from the average.

Applied Materials, Inc. (NASDAQ:AMAT) received a Buy rating from 6 analysts. It has outperformed by 104.70% the S&P500. It dived, as 32 investors sold ICE shares while 233 reduced holdings. Smead Capital Management Inc who had been investing in Target Corp for a number of months, seems to be bullish on the $37.90 billion market cap company. It has a 17.64 P/E ratio. The firm also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business firms, and charitable organizations. When volumes suddenly increase above normal levels, it can be a sign that investors feel very strongly in one way or the other about the future direction of a stock, or may even have access to inside information. Its down 0.02, from 1.07 in 2017Q2. It dived, as 61 investors sold U.S. Bancorp shares while 441 reduced holdings. 123 funds opened positions while 263 raised stakes. Us Bancorporation De invested 0% in The Western Union Company (NYSE:WU). (NASDAQ:AMAT). Mitsubishi Ufj And Banking Corp reported 0.22% stake. First Eagle Inv Management Limited Liability reported 1.88 million shares. Northcoast Asset Management Llc sold 24,033 shares as the company's stock rose 23.58% with the market. Argent Cap Management Limited Com reported 0.03% of its portfolio in Applied Materials, Inc. Diligent Invsts Ltd Llc accumulated 18,224 shares. Zeke Cap Advsrs Ltd Liability Corp invested in 0.12% or 16,341 shares. Middleton And Ma reported 92,305 shares stake.

For the current quarter, 17 analysts are projecting a mean EPS of $0.98/share. Centurylink Com holds 0.44% or 69,748 shares in its portfolio. Bbva Compass National Bank holds 3,758 shares. The stock increased 4.32% or $0.89 during the last trading session, reaching $21.49. Capital Research reported 63.45 million shares stake. Applied Materials, Inc. (NASDAQ:AMAT) has a 20-Day average volume of 10.16 Million. It has outperformed by 6.37% the S&P500. More interesting news about Applied Materials, Inc. Schroder Invest Mgmt Group accumulated 0.02% or 245,251 shares. They expect $0.73 EPS, up 2.82% or $0.02 from last year's $0.71 per share.

Before trading, trader, investor or shareholder must have an eye on stock's historical performance.


Since August 23, 2017, it had 0 insider purchases, and 5 insider sales for $12.03 million activity. Finally, KeyCorp reiterated an outperform rating and issued a $57.00 price objective on shares of Applied Materials in a report on Saturday, September 16th. Financial Bank Hapoalim Bm invested 0.05% in Applied Materials, Inc.

This company shares (AMAT) so far managed to recover 75.52% since collapsing to its 52-week low. The insider Larkins Thomas F sold 30,000 shares worth $1.54 million. 4,000 shares were sold by Forrest Stephen R, worth $214,680 on Wednesday, January 3. Capital Research Global Investors boosted its holdings in shares of Applied Materials by 14.8% during the 2nd quarter. The Western Union Company (NYSE:WU) has risen 0.64% since January 9, 2017 and is uptrending. Finally, Nomura reaffirmed a buy rating and set a $65.00 target price (up from $55.00) on shares of Applied Materials in a report on Tuesday, November 21st. (NASDAQ:AMAT) to report earnings on February, 21. During last 3 month period, -0.08% of total institutional ownership has changed in the company shares. AMAT's profit will be $1.02 billion for 14.41 P/E if the $0.97 EPS becomes a reality. (NASDAQ:AMAT). Hanson And Doremus Inv Management holds 0% or 200 shares. $1.54M worth of Applied Materials, Inc.

Among 28 analysts covering Target Corporation (NYSE:TGT), 7 have Buy rating, 3 Sell and 18 Hold. Therefore 96% are positive. Co Of Virginia Va reported 0.03% in Applied Materials, Inc. The rating was maintained by Stifel Nicolaus on Monday, February 13 with "Buy". The firm has "Buy" rating by CLSA given on Tuesday, January 19. The firm has "Buy" rating given on Friday, August 12 by Citigroup. The rating was maintained by DA Davidson with "Buy" on Monday, July 10. The stock has "Buy" rating by Craig Hallum on Friday, August 18. The rating was maintained by Keefe Bruyette & Woods on Friday, October 6 with "Buy". (NASDAQ:AMAT) has "Strong Buy" rating given on Monday, January 8 by Needham.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related Articles

  • Biologist says whale hid her from shark

    Biologist says whale hid her from shark

    Mothers protect their calves by smacking their massive tails or swinging their 5-meter-long, barnacle-encrusted fins. Nan Hauser said she didn't understand the actions of the 25-ton whale that she met face-to-face in the Cook Islands.
    Nathan Chen named to 2018 Olympic team alongside Vincent Zhou, Adam Rippon

    Nathan Chen named to 2018 Olympic team alongside Vincent Zhou, Adam Rippon

    He didn't make the 2014 team when he was eighth at those nationals. "Ross had an awesome , lights out performance [in San Jose]". Last year, Alexa Scimeca-Knierim battled a stomach virus that dropped her under 100 pounds and required abdominal surgeries.
    Bungie Confirms Crimson Days Are Returning to Destiny 2

    Bungie Confirms Crimson Days Are Returning to Destiny 2

    The Dawning was a holiday themed Live Event which was also tied quite closely to Tess Everis and the Eververse. The event offered new quests and new bounties from Lord Shaxx that would allow you to earn exclusive gear.
  • What the Technicals Say About Activision Blizzard, Inc. (ATVI)

    Macquarie reiterated their outperform rating on shares of Activision Blizzard, Inc . (NYSE:V) to report earnings on February, 1. It is positive, as 28 investors sold XPO shares while 76 reduced holdings. 34 funds opened positions while 83 raised stakes.
    2017 was Australia's third hottest year on record!

    2017 was Australia's third hottest year on record!

    Five states-Arizona, Georgia, New Mexico, North Carolina and South Carolina-had their warmest years on record, according to NOAA. Dr Braganza added: "We have seen that warming across the land surface temperatures and in the oceans surrounding Australia".
    Toyota adds Amazon Alexa to select Toyota and Lexus models

    Toyota adds Amazon Alexa to select Toyota and Lexus models

    Toyota partners with philanthropic organizations across the country, with a focus on education, safety and the environment. This feature will allow Toyota and Lexus customers in the United States to interact with Alexa in the auto .
  • Cameron Jordan trolls Cam Newton with thank you gift

    Cameron Jordan trolls Cam Newton with thank you gift

    He was allowed back in the game though he lasted just one more series before leaving the field for good. Under that definition, Newton should have gone to the locker room, but Rivera disagrees.
    Nablus :Settlers attack Palestinian villages after killing of Israeli settler

    Nablus :Settlers attack Palestinian villages after killing of Israeli settler

    Settlements are illegal under global law and are one of the main obstacles to peace between Israelis and Palestinians. The Palestinians want these areas - along with the Gaza Strip - for the establishment of a future Palestinian state.
    Williams paid less than 1% of Wahlberg's fee

    Williams paid less than 1% of Wahlberg's fee

    If the reports are true, Williams received less than 1-percent of Wahlberg's pay for the additional work. " I said I'd be wherever they needed me, whenever they needed me .
  • Coutinho Thrilled To Work With Messi And Barca Idols

    Coutinho Thrilled To Work With Messi And Barca Idols

    New Barcelona signing Philippe Coutinho poses for the cameras on arrival at Camp Nou. He is obviously a great player but we have different qualities".
    Bigg Boss 11: 5 clear reasons Shilpa Shinde should not win

    Bigg Boss 11: 5 clear reasons Shilpa Shinde should not win

    Now Puneesh has to complete the task even as Shilpa goes behind him trying to convince him not to destroy it. Bigg Boss 11 provided Shinde a platform to present Vikas Gupta as the culprit and play the victim card.
    A Small Fire Breaks Out On Roof Of Trump Tower In NYC

    A Small Fire Breaks Out On Roof Of Trump Tower In NYC

    A spokesperson for the fire department said there were no evacuations from the building, NPR's Hansi Lo Wang reports. Footage from news programs gave vision of firefighters operating on the roof of the mid-Manhattan skyscraper.