Applied Materials (NASDAQ:AMAT) Has $60 Target From Cowen \u0026 Co..

May 16, 2018 - By Susanne Funderburg

Applied Materials, Inc. (NASDAQ:AMAT) Corporate Logo

During 2017 Q4 the big money sentiment decreased to 0.86. That’s change of 0.20, from 2017Q3’s 1.06. 52 investors sold all, 367 reduced holdings as Applied Materials, Inc. ratio dived. 249 increased stakes while 113 funds took stakes. Funds hold 797.20 million shares thus 1.72% less from 2017Q3’s 811.15 million shares.

The New York-based Praesidium Mngmt Limited Liability Corporation has invested 5.86% in Applied Materials, Inc. (NASDAQ:AMAT). 3.90M were accumulated by Schwab Charles Invest Mgmt. Hall Laurie J Trustee owns 63,427 shs. Allsquare Wealth Mgmt Ltd Liability Corporation has invested 0.02% in Applied Materials, Inc. (NASDAQ:AMAT). Advisor Prtn Ltd holds 0.31% or 30,362 shs. Caprock Grp Incorporated stated it has 8,169 shs. Burke Herbert Natl Bank Trust holds 9,084 shs. Nelson Van Denburg & Campbell Wealth Mgmt Grp Inc Llc has invested 0.04% in Applied Materials, Inc. (NASDAQ:AMAT). Tdam Usa reported 340,530 shs. Ingalls Snyder Ltd Liability Corporation reported 0.12% stake. has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Great Lakes Lc invested in 54,086 shs or 0.06% of the stock. Mitchell Mcleod Pugh And Williams accumulated 25,320 shs. Cohen Capital Inc has 193,255 shs for 2.3% of their capital. Amundi Pioneer Asset Mngmt stated it has 0.06% in Applied Materials, Inc. (NASDAQ:AMAT).

Applied Materials, Inc. had 4 insider sales and 0 insider purchases since December 29, 2017. This’s net activity of $10.41 million. Salehpour Ali sold $6.44 million worth of stock or 125,125 shs. $2.83 million worth of Applied Materials, Inc. (NASDAQ:AMAT) was sold by Nalamasu Omkaram on Tuesday, January 2. Iannotti Thomas J sold $922,050 worth of Applied Materials, Inc. (NASDAQ:AMAT) or 15,000 shs on Thursday, March 8.

What Price Target Has Cowen \u0026 Co. Given Applied Materials (NASDAQ:AMAT)

Cowen \u0026 Co.’s Equities researchers have $60 TP which would indicate upside potential of 9.19 % on Applied Materials (NASDAQ:AMAT). Cowen \u0026 Co. also has begun coverage of AMAT stock on Tuesday, 15 May.

Applied Materials, Inc. (NASDAQ:AMAT) Ratings Coverage

Total analysts of 15 have positions in Applied Materials (NASDAQ:AMAT) as follows: 13 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 87%. Since November 17, 2017 according to StockzIntelligence Inc Applied Materials has 23 analyst reports. On Friday, November 17 the firm has “Buy” rating by Deutsche Bank given. In Thursday, February 15 report Credit Suisse maintained it with “Outperform” rating and $74 target. On Friday, November 17 RBC Capital Markets maintained Applied Materials, Inc. (NASDAQ:AMAT) with “Buy” rating. On Monday, February 26 Credit Suisse maintained the shares of AMAT in report with “Outperform” rating. On Thursday, February 15 the firm earned “Buy” rating by Deutsche Bank. On Friday, November 17 the firm has “Overweight” rating given by KeyBanc Capital Markets. On Tuesday, January 30 the rating was maintained by Stifel Nicolaus with “Buy”. On Friday, November 17 the firm has “Overweight” rating given by Morgan Stanley. On Tuesday, March 27 the rating was maintained by Nomura with “Buy”. On Thursday, February 15 the firm has “Buy” rating given by Stifel Nicolaus.

AMAT is touching $54.95 during the last trading session, after increased 1.59%.Currently Applied Materials, Inc. is uptrending after 42.67% change in last May 16, 2017. AMAT has 5.23M shares volume. AMAT outperformed by 31.12% the S&P500.

Earnings report for Applied Materials, Inc. (NASDAQ:AMAT) is awaited on May, 17 after the close., Zacks reports. Analysts expect change of 43.04 % or $0.34 from previous year’s $0.79 EPS compared to current’s $1.13 EPS. In case of $1.13 EPS AMAT’s profit could hit $1.19B. Analysts at Wall Street see Applied Materials, Inc.’s 6.60 % EPS growth compared to $1.06 EPS for previous quarter.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide.The firm is worth $57.74 billion. It operates through three divisions: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets.The P/E ratio is 20.69. The Semiconductor Systems segment develops, makes, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.

For more Applied Materials, Inc. (NASDAQ:AMAT) news posted briefly go to: Streetinsider.com, Streetinsider.com, Globenewswire.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Applied Materials (AMAT) PT Maintained at $71 at Stifel; ‘Display More than OLED, Gen 10.5 LCD Provides Own …” posted on May 16, 2018, “Applied Materials (AMAT) call put ratio 6 calls to 1 put with focus on May 55 and 56 calls into Q2” on May 16, 2018, “New Research Coverage Highlights Assurant, Williams Partners, Atmos Energy, Nationstar Mortgage, Applied …” with a publish date: May 15, 2018, “Semi capital equipment stocks move on Citi note” and the last “Highlights from Appaloosa’s Q1” with publication date: May 15, 2018.

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Investors Chart

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