Bullish Options Activity in Lam Research (LRCX) Amid Support from Analysts, Despite 5.5% Fall in Shares on Lower Shipment Guidance -Susquehanna

Go back to Bullish Options Activity in Lam Research (LRCX) Amid Support from Analysts, Despite 5.5% Fall in Shares on Lower Shipment Guidance -Susquehanna

Evercore ISI Reiterates Outperform on Lam Research (LRCX) Following Quarterly Results

April 18, 2018 8:36 AM EDT

Evercore ISI reiterated an Outperform rating and $300.00 price target on Lam Research (NASDAQ: LRCX) following the company's 3Q earnings release. Lam reported revenues of $2.89B, above the midpoint of the guided range ($2.85B+/-$125M) and a touch better than consensus of... More

Lam Research (LRCX) PT Raised to $278 at Credit Suisse

April 18, 2018 7:34 AM EDT

Credit Suisse raised its price target on Lam Research (NASDAQ: LRCX) to $278.00 (from $275.00) while maintaining a Outperform rating.

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Lam Research (LRCX): Shipment Guidance Light But Business Remains Strong, Buy The Dip - Needham

April 18, 2018 6:43 AM EDT

Needham & Company analyst, Edwin Mok, reiterated his Buy rating on shares of Lam Research (NASDAQ: LRCX) after the company after the company reported a solid F3Q18, provided June quarter guidance above consensus.but also offered disappointing shipment guidance that will likely... More

Lam Research (LRCX) PT Raised to $260 at Deutsche Bank on 3Q18 Beat & Raise; 'Second Half Setup Now More Favorable'

April 18, 2018 6:15 AM EDT

Deutsche Bank raised its price target on Lam Research (NASDAQ: LRCX) to $260.00 (from $250.00) while maintaining a Buy rating, following the company's 2018 third quarter earnings report.

Analyst Patrick Ho notes an upbeat outlook on the shares, as LRCX reported 2018 third quarter earnings per share and... More

Lam Research (LRCX) PT Raised to $295 at Stifel on 3Q18 Beat; 'Opportunity to Purchase Shares on Weakness'

April 18, 2018 6:09 AM EDT

Stifel raised its price target on Lam Research (NASDAQ: LRCX) to $295.00 (from $260.00) while maintaining a Buy rating, following the company's 2018 third quarter earnings report.

Analyst Patrick Ho notes an upbeat outlook on the shares, as LRCX reported 2018 third quarter earnings per share and revenue... More

Lam Research (LRCX) PT Raised to $285 at B.Riley/FBR

April 18, 2018 3:47 AM EDT

B.Riley/FBR raised its price target on Lam Research (NASDAQ: LRCX) to $285.00 (from $270.00) while maintaining a Buy rating.

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Lam Research (LRCX) PT Raised to $283 at KeyBanc

April 18, 2018 1:21 AM EDT

KeyBanc raised its price target on Lam Research (NASDAQ: LRCX) to $283.00 (from $276.00) while maintaining a Overweight rating.

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Lam Research (LRCX) PT Raised to $295 at Stifel

April 18, 2018 1:07 AM EDT

Stifel raised its price target on Lam Research (NASDAQ: LRCX) to $295.00 (from $260.00) while maintaining a Buy rating.

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Lam Research (LRCX) Tops Q3 EPS by 41c, Offers Q4 Guidance

April 17, 2018 4:07 PM EDT

Lam Research (NASDAQ: LRCX) reported Q3 EPS of $4.79, $0.41 better than the analyst estimate of $4.38. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.86 billion.

Sees Q4 revenue of $2.95-$3.25 billion, versus the consensus of $2.93 billion. Sees Q4 non-GAAP EPS of $4.80-$5.20 versus the consensus of $4.67

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LYNX Equity Sees Some Softness to Lam Research (LRCX) Implied CY 2018 WFE Outlook

April 17, 2018 1:56 PM EDT

Lynx Equity analyst Jahanara Nissar sees some softness to Lam Research's (NASDAQ: LRCX) implied CY 2018 WFE outlook "to the order of a couple of billion of dollars" which she suspects may affect shipments to a degree in H2 CY 2018. Nissar believes H1 progressed as... More