Shares of semiconductor and chip stocks, including Applied Materials, Inc. (NASDAQ: AMAT), are trading higher after Maxim's acquisition by Analog Devices was approved by Chinese anti-trust officials. Overall tech strength also helped lift the sector today as well.
Raymond James boosted the price target on The Estée Lauder Companies Inc. (NYSE: EL) from $355 to $375. Estée Lauder shares rose 0.1% to $327.75 in pre-market trading.
Some of the stocks that may grab investor focus today are:
Wall Street expects Deere & Company (NYSE: DE) to report quarterly earnings at $4.57 per share on revenue of $10.30 billion before the opening bell. Deere shares rose 0.1% to $359.40 in after-hours trading.
Shares of Applied Materials (NASDAQ:AMAT) rose after the company reported Q3 results.
Quarterly Results
Earnings per share were up 79.25% year over year to $1.90, which beat the estimate of $1.77.