Applied Materials will remain an outperformer in 2015, says Stifel Stifel believes shares of Applied Materials will remain an outperformer in 2015 due to continued spending in foundry and memory. The firm raised its price target for shares to $25 from $23 and keeps a Buy rating on the stock.
Pacific Crest identifies favorite semiconductor stocks Pacific crest says that the semiconductor sector is being stymied by decade-high inventory levels and uncertain demand. In the current environment, the firm expects semiconductor stocks with high dividend yields and ongoing cost-reduction initiatives to outperform. It identifies Maxim Integrated (MXIM), Cypress Semiconductor (CY), Applied Materials (AMAT), and KLA-Tencor (KLAC) as its favorite names in the sector. It keeps Overweight ratings on all the stocks named.