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Stifel Nicolaus raises its price target for Applied Materials (AMAT) to to $15 from $13 after...

Stifel Nicolaus raises its price target for Applied Materials (AMAT) to to $15 from $13 after the company names Gary Dickerson as its president. "Dickerson has one of the most successful track records in the industry...we believe this is the most positive news for Applied Materials in some time," Stifel Nicolaus says. Shares +2.3% to $11.43.
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