Lam Research (LRCX), KLA-Tencor (KLAC) Enter $10.6B Merger Agreement
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RBC Capital Raises Price Target Following Lam Research's (LRCX) 1Q16
October 22, 2015 8:45 AM EDTRBC 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
UBS Downgrades KLA-Tencor (KLAC) to Neutral
October 22, 2015 7:17 AM EDTUBS downgraded KLA-Tencor (NASDAQ: KLAC) from Buy to Neutral.
For an analyst ratings summary and ratings history on KLA-Tencor click here. For more ratings news on KLA-Tencor click here.
Shares of KLA-Tencor closed at $63.98 yesterday.
... MorePiper Jaffray Downgrades KLA-Tencor (KLAC) to Neutral Amid Takeover
October 22, 2015 6:30 AM EDTPiper Jaffray downgraded KLA-Tencor (NASDAQ: KLAC) from Overweight to Neutral with a price target of $67.00 (from $63.00) after the company agreed to be acquired by LRCX for $10.6B in cash and stock.
For an analyst ratings summary and ratings history on KLA-Tencor... More
Lam Research (LRCX) Tops Q1 EPS by 11c; Issues Strong Q2 Outlook
October 21, 2015 6:13 AM EDTLam 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
