Lam Research (LRCX) Tops Q2 EPS by 45c; offers guidance
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Lam Research (LRCX) PT Raised to $912 at Goldman Sachs, 'Potential for Material Outperformance in CY2024'
January 25, 2024 4:38 AM ESTGoldman Sachs analyst Toshiya Hari raised the price target on Lam Research (NASDAQ: LRCX) to $912.00 (from $700.00) while maintaining a Buy rating.
The analyst comments "Lam Research executed well in the quarter as FY2Q (Dec) revenue, operating margin, and EPS all exceeded Street... More
Lam Research (LRCX) climbs on better-than-anticipated Q2 profit and revenue
January 24, 2024 4:35 PM ESTShares of Lam Research (NASDAQ: LRCX) climbed 1.5% in after-hours trading Wednesday after the company reported better-than-expected earnings and revenue for the second quarter.
Lam posted Q2 adjusted earnings per share (EPS) of $7.14, beating the consensus projection of $7.07. The company generated $3.76 billion in revenue during the quarter, compared with... More
