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Lam Research (NASDAQ:LRCX – Get Free Report) updated its third quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 6.500-8.000 for the period, compared to the consensus EPS estimate of 6.640. The company issued revenue guidance of $3.4 billion-$4.0 billion, compared to the consensus revenue estimate of $3.7 billion. Wall Street Analysts […] ....
Private Advisor Group LLC increased its stake in shares of Lam Research Co. (NASDAQ:LRCX – Free Report) by 1.3% in the 3rd quarter, Holdings Channel reports. The firm owned 6,219 shares of the semiconductor company’s stock after purchasing an additional 81 shares during the period. Private Advisor Group LLC’s holdings in Lam Research were worth […] ....
Tesla warns of slowing growth in 2024, IBM sees a surge in demand for its artificial-intelligence software and services businesses, and the FAA halts. ....
Lam Research (NASDAQ:LRCX – Get Free Report) had its target price lifted by TD Cowen from $710.00 to $975.00 in a report issued on Thursday, Briefing.com reports. The firm currently has an “outperform” rating on the semiconductor company’s stock. TD Cowen’s price objective would indicate a potential upside of 14.95% from the stock’s current price. […] ....
Lam Research (NASDAQ:LRCX – Get Free Report) had its price target lifted by stock analysts at Raymond James from $850.00 to $950.00 in a report released on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the semiconductor company’s stock. Raymond James’ price objective indicates a potential upside of 12.01% from the company’s […] ....