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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:17 EDTAMATApplied Materials upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Applied Materials to Overweight citing confidence in the current Moore’s Law–driven wafer equipment spending cycle and the closing of the merger with Tokyo Electron. The firm raised its price target for shares to $30 from $19.
News For AMAT From The Last 14 Days
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October 2, 2014
08:10 EDTAMATSemiconductor equipment makers could gain from China effort, says Pacific Crest
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September 24, 2014
09:34 EDTAMATActive equity options trading on open
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September 23, 2014
09:37 EDTAMATActive equity options trading on open
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September 22, 2014
08:04 EDTAMATApplied Materials merger uncertainty could be opportunity, says Pacific Crest
Pacific Crest believes that the merger between Applied Materials and Tokyo Electron could be delayed until next year, while there is a small chance of China denying the merger. However, the firm recommends buying Applied Materials on any weakness relating to merger uncertainty, as it thinks the stock is worth $25 on a standalone basis. It keeps an Outperform rating on the shares.

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