Deutsche Bank Aktiengesellschaft cut their price objective on shares of Applied Materials from $220.00 to $200.00 and set a “hold” rating on the stock in a report on Friday, November 15th.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing ...
Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stockprice movements. For the current quarter, Applied Materials is ...