Mizuho lowered the firm’s price target on Applied Materials (AMAT) to $205 from $215 and keeps a Neutral rating on the shares. The firm reduced estimates following last night’s earnings report. Applied Materials continues to see China headwinds, the analyst tells investors in a research note.
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Read More on AMAT:
- Applied Materials downgraded to Hold from Buy at Craig-Hallum
- Applied Materials price target raised to $250 from $195 at Bernstein
- Applied Materials price target raised to $260 from $220 at JPMorgan
- Applied Materials price target raised to $255 from $250 at Wells Fargo
- Positive Outlook for Applied Materials: Buy Rating Affirmed Amid Strong Performance and Growth Prospects