UPDATE: Lam Research Corp (LRCX) Tops Q3 EPS by 10c; Issues Q4 Guidance

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Lam Research (LRCX) PT, Estimates Lifted at Needham & Company Post Q3

April 24, 2014 6:32 AM EDT

Needham & Company analyst Y. Edwin Mok raised estimates and his price target on Buy-rated Lam Research (NASDAQ: LRCX) from $63 to $67 following Q3 results, which confirmed share gains around technology inflections.

Mok comments, "LRCX reported strong F3Q14 (Mar) earnings and provided strong... More