Name: Applied Materials (AMAT) Earnings Miss
Uploaded: 2021-11-19T16:03:37.071
Duration: 5 min 15 s

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Applied Materials (AMAT) stock is down about 3% so far today. The AMAT earnings report indicated $1.89 in EPS versus the $1.94 estimate. Argus' Jim Kelleher says that they reiterated a buy rating on the stock with a raised price target of $190. He believes that the company has become increasingly proactive in securing parts supplies. Also, he sees broad-based strength across its semiconductor operations. What is the AMAT stock price forecast?

Applied Materials (AMAT) Earnings Miss

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