Applied Materials Lowers Guidance Pushing Chip Equipment Stocks Sharply Lower

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  • #16671
    ThePitBoss
    Participant

    Chip equipment supplier Applied Materials reported better than…

    [article]811[/article]

    #16672
    TradersCom
    Keymaster

    Caught a few after $NVDA’s hot numbers and other Chip stocks – 9% is a huge cut

    #16674
    MoneyNeverSleeps
    Participant

    Goldman Sachs downgraded Applied Materials to Neutral from Buy with a new price target of $58.

    #16677
    ThePitBoss
    Participant

    More Applied Materials Analyst Action

    Craig-Hallum lowered price target to $65 from $76.
    Credit Suisse maintained Outperform rating but lowered price target to $73 from $75
    Deutsche Bank maintained Buy Rating but lowered price target price to $65 from $70
    Instinet lowered price target to $65 from $70.
    Morgan Stanley mainatained Overweight rating but lowered price target to $60 from $61

Viewing 4 posts - 1 through 4 (of 4 total)
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