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