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Lam Research (LRCX) Stock Jumps as Chip Equipment Demand Stays Hot
TLDR Lam Research shares rose 1.4% to $328.51 on below-average volume. Analysts hold a “Moderate Buy” consensus rating with an average price target of $361.81. The company beat Q4 estimates with $1.82 EPS and $6.72 billion in revenue, up 30% year over year. Lam raised its quarterly dividend from...
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1 Articles
Lam Research (LRCX) Stock Jumps as Chip Equipment Demand Stays Hot
TLDR Lam Research shares rose 1.4% to $328.51 on below-average volume. Analysts hold a “Moderate Buy” consensus rating with an average price target of $361.81. The company beat Q4 estimates with $1.82 EPS and $6.72 billion in revenue, up 30% year over year. Lam raised its quarterly dividend from...
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