Lam Research Promotes Tim Archer to President

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Lam Research (LRCX) PT Raised to $240 at Deutsche Bank Following 2Q

January 25, 2018 9:03 AM EST

Deutsche Bank raised its price target on Lam Research (NASDAQ: LRCX) to $240.00 (from $230.00) while maintaining a Buy rating following the company's 2Q earnings report. Non-GAAP EPS excluding the impact of lower tax rate would have been ~$3.75, above the Street's $3.68. Reported... More