Lam Research (LRCX) Raises Model Yet Again at Analyst Meeting; Cowen Reaffirms at 'Outperform'

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Piper Jaffray Remains Bullish on Lam Research (LRCX) Following Investor Meetings

July 15, 2015 7:29 AM EDT

Piper Jaffray reiterates an Overweight rating and $94.00 price target on Lam Research (NASDAQ: LRCX) following investor meetings. Analyst Ruben Roy says that the company continues execution on targeting inflection-based WFE spending, and views LRCX as the best positioned semi-cap equipment company.

Roy commented,... More

Lam Research (LRCX) Guides FY17, FY18 adj.-EPS; Guides FY15/16 EPS, Revs with WFE

July 14, 2015 2:39 PM EDT

Lam Research (NASDAQ: LRCX) sees FY17 adjusted EPS of $7 - $7.75 and FY18 adjusted EPS of $8 - $8.75, according to Bloomberg headlines.

UPDATE - The company also sees FY17/18 revenue of about $6.5 - $7 billion with WFE at about $35 billion and $7 - $7.5 billion with WFE... More