Redburn Partners started coverage on shares of Applied Materials ( NASDAQ:AMAT – Get Rating ) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a neutral rating on the manufacturing equipment provider's stock. Several other analysts have also recently issued reports on AMAT. Evercore ISI upped their price target on shares of Applied Materials from $125.00 to $135.00 and gave the company an outperform rating in a report on Friday, May 19th.

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