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Benzinga
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How To Earn $500 A Month From Applied Materials Stock Ahead Of Q2 Earnings

1. AMAT expects Q2 earnings of $2.31 per share, up from $2.09. 2. Projected revenue is $7.12 billion compared to last year's $6.65 billion. 3. Analysts set a price target of $160, down from $190. 4. AMAT's dividend yield currently stands at 1.06%, appealing for income investors. 5. Shares rose by 0.6%, closing at $174.14 on Wednesday.

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FAQ

Why Neutral?

Earnings are expected to improve, yet the reduced price target indicates caution among analysts. Historical examples show similar trends where strong earnings projections were overshadowed by downgraded targets.

How important is it?

Upcoming earnings may attract investors, though analyst caution lowers overall confidence.

Why Short Term?

Immediate effects likely seen post-earnings release; long-term remains uncertain due to analyst downgrade.

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