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Fly News Breaks for January 26, 2017
LRCX
Jan 26, 2017 | 08:30 EDT
Needham analyst Y. Edwin Mok raised his price target for Lam Research to $145 from $135 after the company reported "strong" Q2 results and provided Q3 guidance above consensus. With a "robust environment" in 2017 and Lam Research's continuing outperformance, the analyst reiterates a Buy rating on the shares.
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