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Fly News Breaks for April 18, 2018
LRCX
Apr 18, 2018 | 05:35 EDT
B. Riley FBR analyst Craig Ellis recommends using the post-earnings pullback in shares of Lam Research as a buying opportunity. The analyst raised his price target for the stock to $285 from $270 and reiterates a Buy rating on the name. He believes Lam's better than expected Q3 results and guidance show the company's "robust" earnings leverage.
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