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Fly News Breaks for September 25, 2015
LRCX
Sep 25, 2015 | 08:24 EDT
CLSA upgraded Lam Research to Buy with a $95 price target. Analyst Mark Heller said the Semicap Equipment sector is trading at the biggest discount to the S&P 500 since mid-2012. Heller expects DRAM capex to decline in 2016, but NAND capex to increase and for Lam Research to outperform given 3D's higher deposition and etch content versus planar NAND.
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