Applied Materials, Inc. (NASDAQ:AMAT) stock price target increased to $35.25, issued a research note today by Vetr Inc.
- Updated: December 1, 2016
In a report released on 12/01/2016 Vetr Inc. increased the stock price target of Applied Materials, Inc. (NASDAQ:AMAT) to $35.25 indicating a possible upside of 0.17%.
Previously on 11/22/2016, Vetr Inc. reported on Applied Materials, Inc. (NASDAQ:AMAT) increased the target price from $0.00 to $35.25. At the time, this indicated a possible upside of 0.11%.
Yesterday Applied Materials, Inc. (NASDAQ:AMAT) traded -6.52% lower at $30.10. The company’s 50-day moving average is $29.28 and its 200-day moving average is $27.16. The last closing price is up 10.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 0 shares of the stock traded hands, down from an average trading volume of 12,389,800
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Applied Materials, Inc. has a 52 week low of $15.44 and a 52 week high of $32.16 with a P/E ratio of 19.55 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its stock price target, a total of 21 brokers have issued a research note on the company. The average stock price target is $26.64 with 4 brokers rating the stock a strong buy, 16 brokers rating the stock a buy, 2 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Applied Materials, Inc. (NASDAQ:AMAT)
Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. The Company's segments are Semiconductor Systems, which includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation; Applied Global Services, which provides integrated solutions to optimize equipment and fab performance and productivity; Display and Adjacent Markets, which includes products for manufacturing liquid crystal displays, organic light-emitting diodes, upgrades and roll-to-roll Web coating systems and other display technologies for televisions, personal computers, smart phones and other consumer-oriented devices, and Corporate and Other segment, which includes revenues from products, as well as costs of products sold for fabricating solar photovoltaic cells and modules, and certain operating expenses.
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