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