Needham analyst Y. Edwin Mok noted that datapoints since early April suggest continued strengthening in WFE, particularly around etch and deposition processes, which increases his confidence in a strong 2018 for Lam Research. The analyst, who raised his price target on the stock to $175 from $165, keeps a Buy rating on Lam shares.
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