Lam Research (LRCX) calls more active than puts into quarter results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Lam Research (LRCX) PT Raised to $1,100 at JPMorgan
August 1, 2024 6:48 AM EDTJPMorgan analyst Harlan Sur raised the price target on Lam Research (NASDAQ: LRCX) to $1,100.00 (from $950.00) while maintaining a Overweight rating.
The analyst comments "Lam delivered strong Jun-Qtr revenue/margins/EPS results and in-line Sept-Qtr guidance (conservative in our view) as equipment spending fundamentals are set to grow in the 2H of the year and into CY25. CY24 WFE outlook was increased slightly (WFE up mid-single digits %) versus prior view of up low/mid single-digits% and LRCXs business profile... More
