Lam Research (LRCX) Tops Q3 EPS by 32c, Revenues Beat; Offers 2Q EPS/Revenue Mid-Point Guidance Above Consensus

Lam Research (LRCX) PT Raised to $220 at Needham & Company

April 25, 2019 7:30 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Lam Research (NASDAQ: LRCX) to $220.00 (from $215.00) while maintaining a Buy rating.

The analyst commented, "Lam Research reported solid F3Q19 results and provided better-than-expected F4Q19 guidance. While reiterating a... More

Lam Research (LRCX) PT Raised to $230 at RBC Capital; 'Fundamentals Likely Bottom in 3Q'

April 25, 2019 6:45 AM EDT

RBC Capital analyst Mitch Steves raised the price target on Lam Research (NASDAQ: LRCX) to $230.00 (from $220.00) while maintaining a Outperform rating.

The analyst commented, "Lam Research reported a beat and raise quarter. With muted expectations into the print we were positively... More

Lam Research (LRCX) PT Raised to $180 at Susquehanna

April 25, 2019 6:13 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Lam Research (NASDAQ: LRCX) to $180.00 (from $165.00) while maintaining a Neutral rating.

The analyst commented, "We are updating estimates and price target following March-quarter results. In our view, following an ~50% gain in... More

Lam Research (LRCX) PT Raised to $220 at RBC Capital; Focus Should Be on the 2nd-Half

April 23, 2019 6:46 AM EDT

RBC Capital analyst Mitch Steves raised the price target on Lam Research (NASDAQ: LRCX) to $220.00 (from $190.00) while maintaining a Outperform rating.

Steves commented, "Heading into the Mar-qtr print we think the upside could be driven by better than feared Jun-qtr... More

Lam Research (LRCX) PT Raised to $215 at Needham & Company

April 23, 2019 6:41 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Lam Research (NASDAQ: LRCX) to $215.00 (from $180.00) while maintaining a Buy rating.

The analyst commented, "In conjunction with our industry note entitled, "Expecting a Deeper WFE Trough in 2019", published this morning. we are reducing... More

Lam Research (LRCX) Should Offer Insights Into A 2H Memory Recovery - DA Davidson

April 22, 2019 8:23 AM EDT

DA Davidson analyst Thomas Diffely reiterated a Buy rating and $210.00 price target on Lam Research (NASDAQ: LRCX) noting that it is the first of the large semiconductor equipment suppliers to report results and management's commentary will likely set the tone for the rest of... More

UPDATE: B.Riley/FBR Upgrades Lam Research (LRCX) to Buy

April 22, 2019 2:41 AM EDT

(Updated - April 22, 2019 8:22 AM EDT)

(updated to expand analyst comment)

B.Riley/FBR analyst Craig Ellis upgraded Lam Research (NASDAQ: LRCX) from Neutral to Buy with a price target of $235.00 (from $170.00).

Has a more favorable view as a bottom appears near.Likes the improved business operations visibility.

The... More