Applied Materials merger report 'pure speculation,' says Stifel Stifel says the report claiming China may request the Applied Materials, Tokyo Electron merger be pulled is "pure speculation" that is causing "unnecessary volatility" in the stock. Stifel remains confident the merger will receive approval and it views today's pullback in Applied Materials shares as presenting an entry point for long-term investors. The firm keeps a Buy rating on Applied Materials with a $25 price target.
Applied 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.