Lam Research Ships 200th Kiyo(R) Conductor Etch Module With Proprietary Hydra(R) Technology
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Piper Jaffray Remains Bullish on Lam Research (LRCX) Following Investor Meetings
July 15, 2015 7:29 AM EDTPiper Jaffray reiterates an Overweight rating and $94.00 price target on Lam Research (NASDAQ: LRCX) following investor meetings. Analyst Ruben Roy says that the company continues execution on targeting inflection-based WFE spending, and views LRCX as the best positioned semi-cap equipment company.
Roy commented,... More
Lam Research (LRCX) Raises Model Yet Again at Analyst Meeting; Cowen Reaffirms at 'Outperform'
July 14, 2015 4:35 PM EDTCowen and Company affirms Lam Research (Nasdaq: LRCX) with an Outperform rating and $98 price target following today's 2015 Analyst and Investor day.
Analyst Tim Arcuri offered the following key takeaway from the event: In keeping w/LRCXs well-laid track record, the company showed that it again achieved prior targets and raised its model yet again, essentially giving us ANOTHER $1/share in EPS relative to last year. For any company besides LRCX, these increases should be met with... More
