Lam Research (LRCX) Tops Q2 EPS by 21c; Guides In-Line

Lam Research (LRCX) PT Lowered to $185 at Cowen

Cowen analyst Krish Sankar lowered the price target on Lam Research (NASDAQ: LRCX) to $185.00 (from $210.00) while maintaining a Outperform rating.

Sankar commented, "LRCX's Mar Q outlook was much better than feared but the front half loaded WFE commentary and the implied... More

Lam Research (LRCX) PT Lowered to $160 at Mizuho Securities Following December Quarter Results

Mizuho Securities analyst Vijay Rakesh lowered the price target on Lam Research (NASDAQ: LRCX) to $160.00 (from $165.00) while maintaining a Neutral rating following december quarter results. LRCX reported a better DecQ and guided to inline MarQ at $2.4B/$3.40 (cons $2.46B/$3.36) - much better than concerned... More

Lam Research (LRCX) Announces $5B Stock Repurchase Plan

Lam Research Corporation (NASDAQ: LRCX) today announced that its Board of Directors approved a $5 billion share repurchase authorization.

The Company is authorized to repurchase up to $5 billion of common stock. Repurchases may be made through both public market and private... More

Lam Research (LRCX) and Brooks Automation (BRKS) Highlighted As Top Semi Picks At Citi

Citi analyst, Atif Malik, cited Lam Research (NASDAQ: LRCX) and Brooks Automation (NASDAQ: BRKS) as his top two picks (Lam in Large Cap and Brooks in SMID Cap) based on prior stock performance into and out of memory... More

Lam Research (LRCX): Further Downside to Lowered Capex Expectations - Lynx Equity Strategies

Lynx Equity Strategies analysts KC Rajkumar and Jahanara Nissar weighed in on Lam Research (NASDAQ: LRCX) and sees further downside to lowered Capex expectations.

The analysts commented, "If the declining trajectory of our wafer fab equipment (WFE) estimates is any indicator, it is our belief that it is too early to call for an upward inflection in 2H19, as many on the Street... More