applied materials

Piper Jaffray has lowered the price target on Applied Materials (NASDAQ: AMAT) from $18 to $15.50 and maintains its Overweight rating.

Stifel Nicolaus has lowered the price target on Applied Materials (NASDAQ: AMAT) from $19 to $18 and maintains its Buy rating.

According to a recent report, Morgan Stanley is lowering expectations on Applied Materials (NASDAQ: AMAT) due to their belief that semi cap fundamentals are not a peak cycle but in mid cycle with weak consumer PC demand. In the report, Morgan Stanley said, "We model a ~30% peak to trough semi...

Applied Materials (NASDAQ: AMAT) will be reporting its fiscal second-quarter 2011 results Tuesday, May 24, after the closing bell. Analysts are looking for the tech company to post earnings of $0.37 per share on revenue of $2.8 billion. That is up from $0.22 per share on $2.3 billion in the same...

Goldman Sachs expects Applied Materials Inc. (NASDAQ: AMAT) to report results that are “in-line with or modestly above GS and the Street” considering: (1) “Applied's large $3.5 bn backlog.” (2) “The fact that peers Novellus and Lam reported 1QCY11 shipments that were within their guidance range,...

This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...

Bank of America Merrill Lynch is out with its report today on Applied Materials (NASDAQ: AMAT), lowering its PO from $18 to $17. In a note to clients, Bank of America Merrill Lynch writes, "Our new FY11 estimates are $11B/$1.50 compared to prior estimate of $11.3B/$1.55. This moves our CY11E rev/...

According to J.P. Morgan, Applied Materials (NASDAQ: AMAT) downgraded to Neutral. J.P. Morgan said that it is downgrading Applied from Overweight to Neutral while cutting the PT to $14 (from $16). “Given outperformance vs. our Alt Energy universe over the past few months, we believe risk/reward is...

Wunderlich Securities put a Buy rating on BTU International's (NASDAQ: BTUI) shares in a research report published today. BTU International is expected to publish its Q1 earnings results on May 3. Wunderlich's analysts believe BTU's results will meet or exceed its previous estimates. Wunderlich...

JP Morgan has downgraded Applied Materials (NASDAQ: AMAT) from Overweight to Neutral and has lowered the price target from $16 to $14.

Piper Jaffray has lowered the price target on Applied Materials (NASDAQ: AMAT) from $22 to $18 and maintains its Overweight rating.

According to Goldman Sachs, Applied Materials (NASDAQ: AMAT) could be a good relative performer but cyclical risk remains. Goldman Sachs reported that it attended Applied Material's analyst day. “As we expected, the company left guidance unchanged. While we believe management's view that 2012...

JP Morgan is out with its report today on Applied Materials (NASDAQ: AMAT), raising its PT from $14 to $15. In a note to clients, JP Morgan writes, "Our December 2011 price target of $15 for AMAT is based on ~13x our C11E EPS of $1.20. Currently, AMAT trades at ~13x our C11E EPS, which is below our...

Piper Jaffray has upgraded Applied Materials (NASDAQ: AMAT) from Neutral to Overweight and has raised the price target from $12 to $22.

Piper Jaffray has released its company not on Applied Materials (NASDAQ: AMAT) following FQ4 reports. In a note to clients, Piper Jaffray writes, "AMAT reported FQ4 revenue of $2.89 billion (up 15% QoQ), versus our $2.60 billion estimate. The $290M upside was driven primarily by a $225M revenue...