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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Jeffrey D who wrote (36536)8/10/2000 11:26:04 AM
From: Proud_Infidel  Read Replies (2) of 70976
 
I don't understand the logic, for lack of a better word, of this price target reduction from BOA:

Applied Materials Price Target Cut at Banc of America Sec.
8/10/00 7:43:00 AM
Source: Bloomberg News

Princeton, New Jersey, Aug. 10 (Bloomberg Data) -- Applied Materials Inc. (AMAT US) was maintained ''buy'' by analyst Mark F Fitzgerald at Banc of America Securities. The price target was cut to $93 from $103 per share.
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