Lam Research to Combine With KLA-Tencor, Creating a New Capability Paradigm to Serve a Transforming Semiconductor Industry

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Go back to Lam Research to Combine With KLA-Tencor, Creating a New Capability Paradigm to Serve a Transforming Semiconductor Industry

RBC Capital Raises Price Target Following Lam Research's (LRCX) 1Q16

October 22, 2015 8:45 AM EDT

RBC Capital reiterated an Underperform rating on Lam Research (NASDAQ: LRCX), and raised the price target to $56.00 (from $52.00), following the company's 1Q16 earnings results. Lam introduced CY16 WFE expectation of flat to down slightly, in line with consensus, but optimistic compared to our... More

Lam Research (LRCX) Tops Q1 EPS by 11c; Issues Strong Q2 Outlook

October 21, 2015 6:13 AM EDT

Lam Research (NASDAQ: LRCX) reported Q1 EPS of $1.82, $0.11 better than the analyst estimate of $1.71. Revenue for the quarter came in at $1.6 million versus the consensus estimate of $1.6 billion.

Lam Research sees Q2 2016 EPS of $1.32-$1.52, versus the consensus of $1.30. Lam Research sees Q2 2016... More