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Applied Materials reports strong earnings, boosting its stock despite mixed analyst views.
Applied Materials, a manufacturing equipment provider, reported strong quarterly earnings of $2.38 per share, exceeding expectations.
Several hedge funds and institutional investors increased their stakes in the company, while others slightly reduced theirs.
The stock, with an 0.95% dividend yield, has a market cap of $136.95 billion.
Analysts have mixed opinions, with an average "Moderate Buy" rating and a target price of $215.38.
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Los Materiales Aplicados reportan fuertes ganancias, aumentando su stock a pesar de las opiniones mixtas de los analistas.