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AMAT Applied Materials Inc

196.80
-8.46 (-4.12%)
01 May 2024 - Closed
Delayed by 15 minutes
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

Applied Materials Shares Up; Nomura Raises Price Target

02/01/2020 5:56pm

Dow Jones News


Applied Materials (NASDAQ:AMAT)
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From May 2019 to May 2024

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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.

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