Bank of America Reiterates a Buy Rating on Applied Materials (AMAT) and $76 Target; 5 Analysts Covering Meet Group (MEET)

November 15, 2017 - By Vivian Currie

Among 7 analysts covering MeetMe Inc (NASDAQ:MEET), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. MeetMe Inc had 22 analyst reports since October 28, 2015 according to SRatingsIntel. On Tuesday, August 22 the stock rating was maintained by Roth Capital with “Buy”. The firm has “Buy” rating by Roth Capital given on Wednesday, July 19. The stock has “Buy” rating by Roth Capital on Thursday, June 22. The rating was maintained by Roth Capital on Friday, June 16 with “Buy”. The stock of Meet Group Inc (NASDAQ:MEET) earned “Buy” rating by TH Capital on Wednesday, January 6. Roth Capital maintained Meet Group Inc (NASDAQ:MEET) rating on Monday, July 31. Roth Capital has “Buy” rating and $9.2500 target. The company was maintained on Thursday, November 9 by Roth Capital. Roth Capital maintained the shares of MEET in report on Tuesday, May 30 with “Buy” rating. The stock of Meet Group Inc (NASDAQ:MEET) has “Hold” rating given on Thursday, November 9 by Canaccord Genuity. The rating was initiated by Loop Capital with “Buy” on Friday, August 26. See Meet Group Inc (NASDAQ:MEET) latest ratings:

09/11/2017 Broker: Roth Capital Rating: Buy New Target: $4.0 Maintain
09/11/2017 Broker: Northland Capital Rating: Buy New Target: $4.0 Maintain
09/11/2017 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Old Target: $6 Downgrade
09/11/2017 Broker: Canaccord Genuity Old Rating: Buy New Rating: Hold Old Target: $10 Downgrade
25/10/2017 Broker: Roth Capital Rating: Buy New Target: $7.25 Maintain
22/08/2017 Broker: Roth Capital Rating: Buy New Target: $7.5 Maintain
09/08/2017 Broker: Roth Capital Rating: Buy New Target: $7.5000 Maintain
07/08/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $8 New Target: $6 Maintain
31/07/2017 Broker: Roth Capital Rating: Buy New Target: $9.2500 Maintain
19/07/2017 Broker: Roth Capital Rating: Buy New Target: $9.2500 Maintain




Among 25 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 24 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. has $76.0 highest and $12 lowest target. $47.76’s average target is -15.02% below currents $56.2 stock price. Applied Materials Inc. had 97 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, August 6 the stock rating was maintained by Piper Jaffray with “Buy”. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Sell” rating by Zacks on Thursday, August 13. The firm earned “Buy” rating on Tuesday, January 19 by CLSA. As per Friday, August 19, the company rating was maintained by Citigroup. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Friday, May 20 by B. Riley & Co. Susquehanna upgraded the stock to “Neutral” rating in Tuesday, June 28 report. DA Davidson downgraded the stock to “Neutral” rating in Wednesday, April 6 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Friday, September 25 by Credit Agricole. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, September 27. Credit Suisse maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Friday, August 18. Credit Suisse has “Outperform” rating and $62 target.

About 38,818 shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since November 15, 2016 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.33, from 1.15 in 2017Q1. It dropped, as 48 investors sold Applied Materials, Inc. shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported. Buckingham Cap Mgmt Inc holds 0.8% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 84,135 shares. Zweig accumulated 9,700 shares or 0.03% of the stock. Parnassus Invests Ca stated it has 0.03% in Applied Materials, Inc. (NASDAQ:AMAT). Gargoyle Advisor Ltd stated it has 45,700 shares. Burke Herbert Bancorporation Tru reported 9,084 shares or 0.34% of all its holdings. Zeke Cap Advsr Ltd Llc reported 8,383 shares. Moreover, Hutchin Hill Capital Ltd Partnership has 0.33% invested in Applied Materials, Inc. (NASDAQ:AMAT). Whittier Com Of Nevada Inc, Nevada-based fund reported 2,405 shares. Commerzbank Aktiengesellschaft Fi accumulated 265,499 shares. Scotia Cap owns 0% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 6,919 shares. Rosenbaum Jay D stated it has 1.6% in Applied Materials, Inc. (NASDAQ:AMAT). Cibc Markets Inc invested in 0.04% or 233,293 shares. Quantres Asset Mngmt accumulated 11,100 shares. Fruth Investment reported 24,400 shares or 0.47% of all its holdings. Plante Moran Financial Advsr Lc accumulated 1,262 shares or 0.03% of the stock.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on November, 16 after the close. They expect $0.90 earnings per share, up 36.36% or $0.24 from last year’s $0.66 per share. AMAT’s profit will be $963.58M for 15.61 P/E if the $0.90 EPS becomes a reality. After $0.86 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.

Since June 1, 2017, it had 0 insider purchases, and 1 insider sale for $230,750 activity. On Thursday, June 1 Forrest Stephen R sold $230,750 worth of Applied Materials, Inc. (NASDAQ:AMAT) or 5,000 shares.

Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. The company has market cap of $60.17 billion.

The Meet Group, Inc., formerly MeetMe, Inc., offers a portfolio of mobile applications. The company has market cap of $172.33 million. The Firm operates location social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other. It has a 11.9 P/E ratio. The Firm offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations.

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