Lam Research (LRCX) IV increasing as shares rally into Q1

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Lam Research (LRCX) PT Raised to $270 at BofA/Merrill Lynch Following 1Q Release

October 18, 2017 9:46 AM EDT

BofA/Merrill Lynch raised its price target on Lam Research (NASDAQ: LRCX) to $270.00 (from $230.00) while maintaining a Buy rating following the company's 1Q. LRCX reported revenues/EPS of $2.48B/$3.46, ahead of the Street at $2.47B/$3.28.

The Dec Q rev/EPS guidance of... More

Lam Research (LRCX) PT Raised to $200 at Susquehanna Following 3Q Report

October 18, 2017 7:35 AM EDT

Susquehanna raised its price target on Lam Research (NASDAQ: LRCX) to $200.00 (from $145.00) while maintaining a Neutral rating following the company's 1Q earnings release. Lam had another beat and raise, reflecting the strong spend in the Memory segment.

Total WFE spend is expected... More