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Stock Market & Financial Investment News

News Breaks
November 29, 2012
09:25 EDTAMATApplied Materials changes positive, says Pacific Crest
After Applied Materials announced the consolidation of several of its business units and hired KLA-Tencor (KLAC) veteran Ali Salehpour to run them, Pacific Crest reports that Salehpour has been very effective and well-respected. The firm thinks the consolidation should help the company meet its $200M cost reduction goal, but the firm thinks a turnaround at the company could take years and it maintains a Sector Perform rating.
News For AMAT From The Last 14 Days
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February 2, 2016
18:28 EDTAMATApplied Materials assumed with a Conviction Buy at Goldman
Goldman Sachs analyst Toshiya Hari assumed Applied Materials with a Conviction Buy rating and $22 price target. The analyst calls Applied Materials his top pick in the semi capital equipment space.

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