Lam Research (LRCX) October option implied volatility into quarter results

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Go back to Lam Research (LRCX) October option implied volatility into quarter results

Lam Research (LRCX) PT Lowered to $405 at BofA Securities

October 20, 2022 9:22 AM EDT

BofA Securities analyst Vivek Arya lowered the price target on Lam Research (NASDAQ: LRCX) to $405.00 (from $460.00) while maintaining a Buy rating, saying the China restriction is now well-reflected, could help drive recovery medium-term.

The analyst commented, "We lower estimates and PO to $405 from $460 on unch. 16x... More