Applied Materials (NASDAQ:AMAT) with $60 Target Got Coverage By Cowen \u0026 Co. On May 16, 2018.

May 16, 2018 - By Nellie Rakes

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

Big Money Sentiment decreased to 0.86 in 2017 Q4. It has change of 0.20, from 2017Q3’s 1.06. The ratio fall due to Applied Materials, Inc. positioning: 52 sold and 367 reduced. 113 funds took positions and 249 increased positions. Investors holded 811.15 million in 2017Q3 but now own 797.20 million shares or 1.72% less.

Jabre Cap Prtn holds 255,500 shs or 2.7% of its capital. Commercial Bank Of Nova Scotia has invested 0.06% in Applied Materials, Inc. (NASDAQ:AMAT). Reliance Of Delaware reported 10,574 shs. Enterprise Financial Ser, Missouri-based fund reported 459 shs. Oakbrook Investments holds 0.2% or 62,210 shs. Quantitative Systematic Strategies Ltd Co invested in 0.32% or 24,970 shs. Nuwave Mgmt Lc reported 174 shs. Thompson Siegel & Walmsley Lc invested in 0% or 2,175 shs. 17,424 were accumulated by Boston Private Wealth Ltd Company. Artisan Partnership reported 932,425 shs. Paradigm Financial Advsrs Limited Liability Company owns 12,000 shs. Kingdon Mngmt Ltd reported 312,568 shs. Oppenheimer Asset Incorporated, a New York-based fund reported 73,555 shs. Smithfield has 0.05% invested in Applied Materials, Inc. (NASDAQ:AMAT). Caprock Group Inc Inc, Idaho-based fund reported 8,169 shs.

Applied Materials, Inc. registered $10.41 million net activity with 0 insider buys and 4 selling transactions since December 29, 2017. On Wednesday, January 3 $214,680 worth of stock was sold by Forrest Stephen R. Iannotti Thomas J sold $922,050 worth of stock or 15,000 shs. 53,466 shs valued at $2.83M were sold by Nalamasu Omkaram on Tuesday, January 2.

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

Equity analysts at Cowen \u0026 Co. issued Market Perform rating and has price target of $60 on AMAT’s shares. On Tuesday morning a coverage started with Applied Materials (NASDAQ:AMAT)‘s stock.

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 Tuesday, January 16 the rating was maintained by FBR Capital with “Buy”. On Thursday, February 15 the rating was maintained by KeyBanc Capital Markets with “Buy”. On Monday, November 20 the rating was maintained by Citigroup with “Buy”. On Friday, November 17 the stock has “Overweight” rating by KeyBanc Capital Markets. On Thursday, February 15 the company was upgraded by Deutsche Bank. In Thursday, February 15 report Susquehanna maintained the stock with “Buy” rating. On Friday, November 17 RBC Capital Markets maintained Applied Materials, Inc. (NASDAQ:AMAT) rating. RBC Capital Markets has “Buy” rating and $64.0 target. On Thursday, April 12 the stock has “Buy” rating by KeyBanc Capital Markets. The company rating was maintained by Nomura on Tuesday, March 27. On Thursday, February 15 Credit Suisse maintained Applied Materials, Inc. (NASDAQ:AMAT) with “Outperform” rating.

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. The stock outperformed the S&P500 by 31.12%.

Applied Materials, Inc. (NASDAQ:AMAT)’s earnings report 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. If EPS of $1.13 is reported the profit of AMAT could hit $1.19 billion giving it 12.16 P/E. 6.60 % EPS growth is what analysts predict. $1.06 EPS was reported for last 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.20.69 is the P/E ratio. 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 recently go to: Streetinsider.com, Seekingalpha.com, Globenewswire.com, Seekingalpha.com or Streetinsider.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, “Semi capital equipment stocks move on Citi note” on May 14, 2018, “New Research Coverage Highlights Assurant, Williams Partners, Atmos Energy, Nationstar Mortgage, Applied …” with a publish date: May 15, 2018, “Highlights from Appaloosa’s Q1” and the last “Applied Materials (AMAT) call put ratio 6 calls to 1 put with focus on May 55 and 56 calls into Q2” with publication date: May 16, 2018.

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

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