Lam Research (LRCX) PT Lowered to $800 at Evercore ISI

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Go back to Lam Research (LRCX) PT Lowered to $800 at Evercore ISI

Lam Research (LRCX) PT Lowered to $775 at Stifel

January 27, 2022 6:39 AM EST

Stifel analyst Patrick Ho lowered the price target on Lam Research (NASDAQ: LRCX) to $775.00 (from $790.00) while maintaining a Buy rating following results.

The analyst commented, "On Wednesday, Lam Research reported mixed results (lower revenues, higher EPS), but delivered an outlook well below expectations.... More