Lam Research (LRCX) Tops Q4 EPS by 3c, Q1 Guidance Tops Views

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RBC Capital Remains Bullish on Lam Research (LRCX) Following 4Q15

July 30, 2015 10:05 AM EDT

RBC Capital reiterated an Outperform rating and $76.00 price target on Lam Research (NASDAQ: LRCX) following 4Q15 results. LRCX reported JunQ revenue of $1.48B and EPS of $1.50 compared to Consensus $1.46B and $1.47. The Company guided revenue to $1.6B and EPS to $1.70 for SepQ, better than... More

Piper Jaffray Remains Bullish on Lam Research (LRCX) Following 4Q EPS Beat

July 30, 2015 8:40 AM EDT

Piper Jaffray reiterated an Overweight rating and $94.00 price target on Lam Research (NASDAQ: LRCX) following 4Q15 results. Revenues of $1.48B and non-GAAP EPS of $1.50 beat consensus of $1.46b and $1.47. LRCX guided Sept. '15 quarter revenues to $1.6B, and non-GAAP EPS to $1.70, well ahead of consensus of $1.4B and... More