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Fly News Breaks for October 17, 2018
LRCX
Oct 17, 2018 | 08:49 EDT
Cowen analyst Krish Sankar lowered his price target on Lam Research to $210 from $250 following its earnings report. The company's guidance was better than feared, removing a key overhang on the shares, noted the analyst, who now sees the shares offering a better risk/reward over the near-to-medium term. Sankar maintained his Outperform rating on Lam Research shares.
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