Lam Research (LRCX) Stock Dips Despite Strong Earnings, Earns Upgrade to Buy

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Lam Research (LRCX) PT Lowered to $405 at BofA Securities

October 20, 2022 9:22 AM EDT

BofA Securities analyst Vivek Arya lowered the price target on Lam Research (NASDAQ: LRCX) to $405.00 (from $460.00) while maintaining a Buy rating, saying the China restriction is now well-reflected, could help drive recovery medium-term.

The analyst commented, "We lower estimates and PO to $405 from $460 on unch. 16x... More

Lam Research (LRCX) PT Lowered to $525 at Jefferies; 'Buyers on the Lowered Outlook'

October 20, 2022 8:42 AM EDT

Jefferies analyst Mark Lipacis lowered the price target on Lam Research (NASDAQ: LRCX) to $525.00 (from $535.00) while maintaining a Buy rating, saying they are buyers on the lowered 2023 outlook.

The analyst commented, "We're buyers of LRCX after it lowered its 2023 outlook. Our Semiconductor... More

Lam Research (LRCX) PT Lowered to $390 at B.Riley

October 20, 2022 5:12 AM EDT

B.Riley analyst Craig Ellis lowered the price target on Lam Research (NASDAQ: LRCX) to $390.00 (from $455.00) while maintaining a Neutral rating.... More

Lam Research (LRCX) PT Lowered to $450 at Evercore ISI

October 20, 2022 3:55 AM EDT

Evercore ISI analyst C.J. Muse lowered the price target on Lam Research (NASDAQ: LRCX) to $450.00 (from $500.00) while maintaining a Outperform rating.... More

Lam Research (LRCX) PT Lowered to $400 at Mizuho Securities

October 18, 2022 6:46 AM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on Lam Research (NASDAQ: LRCX) to $400.00 (from $650.00) while maintaining a Buy rating.... More