Lam Research (LRCX) Tops Q4 EPS by 8c, Beats on Revenues; Offers Positive Q1 EPS & Revenue Guidance

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Lam Research (LRCX) PT Raised to $200 at Needham & Company Following 4Q Results

July 27, 2017 7:46 AM EDT

Needham & Company raised its price target on Lam Research (NASDAQ: LRCX) to $200.00 (from $175.00) while maintaining a Buy rating. LRCX reporteed F4Q revenue of $2.345B, ahead of the Street's $2.319B. NG EPS of $3.11 beat Street estimates of $3.03.

1Q18 revenue was guided to... More

Lam Research (LRCX) PT Raised to $185 at RBC Capital

July 27, 2017 7:16 AM EDT

RBC Capital raised its price target on Lam Research (NASDAQ: LRCX) to $185.00 (from $145.00) while maintaining a Outperform rating. LRCX reported revenue and EPS of $2.34B/ $3.11 vs. the Street's at $2.32B/$3.03.

For the Sep-qtr, LRCX guided revenues to $2.45B +/- $100M vs. Street at $2.18B.... More

Lam Research (LRCX): Bullish Thesis Intact - DA Davidson

July 26, 2017 7:38 AM EDT

DA Davidson analyst, Thomas Diffely, reiterated his Buy rating on shares of Lam Research (NASDAQ: LRCX) ahead of the earnings report today after the close. Considering that the June quarter will likely hit all-time record levels the question has been: is... More