Citi analyst Atif Malik raised his price target for Lam Research to $142 and reiterates the stock his top pick in Semiconductor Equipment following the company's Q2 results. The analyst says the June quarter is not a cyclical peak. He recommends buying Lam shares on any weakness near-term and keeps a Buy rating on the name.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here