Campbell's (CPB) has an average rating of Hold and mean price target of $21.82, according to analysts polled by FactSet.
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Price: $19.96, Change: $-0.17, Percent Change: -0.82%
Hormel Foods (HRL) has an average rating of hold and mean price target of $26, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $19.91, Change: $-0.09, Percent Change: -0.47%
Applied Materials (AMAT) expects its semiconductor equipment business to grow more than 30% in 2026, up from its previous guidance of more than 20%, according to a Thursday transcript of the company's fiscal Q2 earnings call."As customers find new ways to reallocate or create space, we are seeing incremental requests for equipment deliveries in 2026," Chief Executive Officer Gary Dickerson said.Dickerson said that Applied Materials' largest customers are providing rolling eight-quarter forecasts, allowing the company to prepare the required manufacturing capacity."With this improved visibility, we see continued growth across this extended planning horizon, into 2027 and beyond, and we are investing to support our customers' expansion plans," he added.Price: $431.55, Change: $-9.01, Percent Change: -2.05%
Nvidia (NVDA), Advanced Micro Devices (AMD) and Intel (INTC) shares declined in Friday trading, while ASML (ASML) and STMicroelectronics (STM) also fell after a US-China summit ended without major semiconductor agreements, Yahoo Finance reported Friday.The pullback came after talks between President Donald Trump and Chinese President Xi Jinping failed to produce significant developments on semiconductor trade issues, despite investor expectations for progress on advanced chip sales to China, according to the report.Washington has authorized Nvidia to export H200 chips to China, though Beijing has not formally approved shipments, while US officials said semiconductors were not a central focus of the summit, the report added.Shares of Nvidia, Advanced Micro Devices, Intel, ASML and STMicroelectronics were down 4.4%, 4.5%, 7.5%, 5.5% and 6.1%, respectively, in Friday trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $227.98, Change: $-7.76, Percent Change: -3.29%