Applied Materials (AMAT) Earnings Miss

Published: Nov. 19, 2021, 4:04 p.m.

b"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?"