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Input placeholder doesnt rise when set value after beta.10 #7066

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@Knoxvillekm

Description

@Knoxvillekm

Bug, feature request, or proposal:

Bug

What is the expected behavior?

The placeholder should be placed above the input.

What is the current behavior?

When set value with { emitEvent: false }, the placeholder however, stays in the field, overlapping the value. See screenshot below:
input

What are the steps to reproduce?

Plunker template: https://plnkr.co/edit/sJzdfPYWoENNXHcQcLwG?p=preview

Which versions of Angular, Material, OS, TypeScript, browsers are affected?

Angular 4.3.6
Angular Material 2.0.0-beta.10
Windows 10
Typescript 2.5.2

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