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May 25, 2016, 5:20 pm151 pts
Tech Trader Daily
Citigroup chip equipment analyst Atif Malik today raised his rating on shares of equipment giant Applied Materials (AMAT) to Buy from Neutral, based on rising spend on equipment in China, of which the company’s share is “outsized” at 25%. Malik’s upgrade comes as he raises his estimate for so-called…
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