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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Applied Materials Inc | NASDAQ:AMAT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-8.46 | -4.12% | 196.80 | 196.30 | 197.00 | 205.83 | 198.58 | 204.00 | 3,899,542 | 01:00:00 |
By Michael Dabaie
Applied Materials Inc. (AMAT) shares were up 1.6% to $62 in midday trading.
Nomura raised it price target on the provider of materials engineering solutions used for chips and advanced display to $75 from a prior $68 and reiterated its Buy rating.
Nomura said it thinks AMAT will benefit from a cyclical rebound in global wafer-processing equipment sales in 2020, as well as from secular trends the firm said it thinks will drive superior growth over the next few years.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
January 02, 2020 12:41 ET (17:41 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Applied Materials Chart |
1 Month Applied Materials Chart |
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