Lam Research (LRCX) PT Raised to $235 at Stifel

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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 $213 at Morgan Stanley

October 18, 2017 7:48 AM EDT

Morgan Stanley raised its price target on Lam Research (NASDAQ: LRCX) to $213.00 (from $176.00) while maintaining a Overweight rating.

... 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

Lam Research (LRCX) Tops Q1 EPS by 18c

October 17, 2017 4:07 PM EDT

Lam Research (NASDAQ: LRCX) reported Q1 EPS of $3.46, $0.18 better than the analyst estimate of $3.28. Revenue for the quarter came in at $2.48 billion versus the consensus estimate of $2.47 billion.

Guidance:

Sees Q2 Non-GAAP EPS $3.65 plus or minus $0.12, revenues of $2.55 billion plus or... More