** Semiconductor equipment maker Applied Materials AMAT.O missed second-quarter revenue estimate amid uncertainties around export curbs

** Median PT of 35 brokerages covering the stock is $202.50; average rating is "buy" - data compiled by LSEG

** Shares of AMAT slip 4.7% premarket

CHINA WEIGHS ON PERFORMANCE

** J.P. Morgan("overweight", PT: $210) says co set to outperform this year due to its foundry/logic and memory market exposure, but at a lower growth rate from peers Lam Research LRCX.O and KLA Corp KLAC.O

** Citigroup ("buy", PT: $190) says "semi sales was slightly below guidance, but the quarter had all the lumpiness around tariffs and nothing major to call out"

** Morgan Stanley("underweight", PT: $162) says co is tracking expectations but not showing upside seen at KLAC and LRCX as China weighs on results

** Bernstein("outperform", PT: $210) says China risk appears to be mitigated and long-term positioning around key technology inflections looks good

** "We suspect if they had reported a few weeks ago when most of their peers did, investors would have been satisfied with it," brokerage adds

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))