Lam Research (LRCX) calls more active than puts into quarter results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/26/2026
- Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings
- Nvidia forecasts quarterly revenue above estimates, shares rise
- Oil settles down after choppy session as investors weigh Hormuz talks
- Meta to pay up to $16.68 billion in mass social media settlement
- Anthropic agrees to $45bn cloud computing deal with Nscale - report
- Nutanix (NTNX) Tops Q4 EPS by 11c, Beats in Revenue; Offers Q1 Revenue Guidance
- Boston Scientific discloses cybersecurity incident causing global disruption
- Crude Inventory Rose 0.1 Million Barrels Last Week - EIA
- Wall Street ends higher as tech rebounds before Nvidia results
- Six Flags to move headquarters from Charlotte to Arlington, Texas
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
