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Fly News Breaks for April 19, 2017
LRCX
Apr 19, 2017 | 07:37 EDT
UBS analyst Stephen Chin raised his price target on Lam Research to $158 from $144 following the company's beat and raise Q3 results. The analyst sees continued strength and sees some upside from China into 2018. Chin believes the shares will trade more inline with industry trends, which he estimates will be up year-over-year. Chin reiterated his Buy rating on Lam Research shares.
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