Lam Research (LRCX) climbs on better-than-anticipated Q2 profit and revenue
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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) Tops Q2 EPS by 45c; offers guidance
January 24, 2024 4:07 PM ESTLam Research (NASDAQ: LRCX) reported Q2 EPS of $7.52, $0.45 better than the analyst estimate of $7.07. Revenue for the quarter came in at $3.76 billion versus the consensus estimate of $3.7 billion.
GUIDANCE:
Lam Research sees Q3 2024 EPS of $6.15-$7.65, versus the consensus... More
