Lam Research (LRCX) Tops Q2 EPS by 66c
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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
January 25, 2018 6:42 AM EST
Needham & Company raised its price target on Lam Research (NASDAQ: LRCX) to $270.00 (from $235.00) while maintaining a Buy rating.
Analyst Y. Edwin Mok commented, "LRCX reported solid F2Q18 (Dec) results and provided very strong F3Q18 (Mar) guidance. With last week's... More
January 25, 2018 6:09 AM EST
Susquehanna raised its price target on Lam Research (NASDAQ: LRCX) to $260.00 (from $250.00) while maintaining a Positive rating following strong results.
"Lam is certainly benefiting from increased capital intensity in the Memory segment as evidenced by its '17 shipment growth of 50% Y/Y vs. WFE... More
January 25, 2018 6:06 AM EST
Stifel raised its price target on Lam Research (NASDAQ: LRCX) to $260.00 (from $235.00) while maintaining a Buy rating following strong Q218 results and an industry outlook that exceeded even the firm's bullish expectation.
"Lam is once again well positioned for above-average growth in 2018 as... More
January 24, 2018 4:12 PM EST
Lam Research Corp. (NASDAQ: LRCX) today announced the promotion of Tim Archer to the position of president, effective immediately. Mr. Archer will continue to serve as chief operating officer of the company, a position he has held since June 2012. Martin Anstice, Lams chief executive officer and current president, will continue as CEO.
"Tim has played a key role in leading the company through a... More
