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Goldman Sachs upgraded Applied Materials Inc. (NDAQ:AMAT) from Neutral to Buy in a report released earlier today.

Having a price of $46.35, Applied Materials Inc. (NDAQ:AMAT) traded 1.29% higher on the day. With the last close up 9.14% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. AMAT has recorded a 50-day average of $44.33 and a two hundred day average of $42.37. Trade Volume was down over the average, with 2,246,200 shares of AMAT changing hands under the typical 10,140,000

Goldman Sachs has upgraded Applied Materials Inc. (NDAQ:AMAT) from Neutral to Buy in a statement released on 9/13/2017.

On Friday August 18, 2017, KeyBanc Capital Markets released a statement on Applied Materials Inc. (NDAQ:AMAT) upped the target price from $0.00 to $5.00 that suggested a downside of -0.89%.

Recent Performance Chart

Applied Materials Inc. (NDAQ:AMAT)

Applied Materials Inc. has PE ratio of 16.44 with a one year low of $27.56 and a one year high of $47.86 and has a market capitalization of $0.

A total of 21 analysts have released a report on Applied Materials Inc.. Four analysts rating the company a strong buy, sixteen analysts rating the company a buy, two analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $26.64.

General Company Details For Applied Materials Inc. (NDAQ: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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