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Politics : Formerly About Applied Materials
AMAT 256.41+1.1%Dec 19 9:30 AM EST

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To: Proud_Infidel who wrote (33329)11/23/1999 11:18:00 AM
From: Ian@SI  Read Replies (2) of 70976
 
Does anyone else find it inconsistent to downgrade the company while raising the target price for the stock?

Puzzled,
Ian.

+++++++++++++

Novellus Systems (NVLS) 83 11/16 -2 3/4: ABN AMRO downgrades wafer fabrication systems maker from "buy" to "outperform" based on valuation, they raise their price target from $95 to $105.....

Lam Research Corp. (LRCX) 75 3/8 -5 1/8: ABN AMRO downgrades semiconductor processing equipment maker from "buy" to "outperform" based on valuation, they raise their price target from $90 to $95.....
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