Fly News Breaks for February 24, 2020
Feb 24, 2020 | 06:56 EDT
Citi analyst Atif Malik closed his "Catalyst Watch" on Lam Research due to growing disruption to the China supply chain from the coronavirus outbreak. The analyst says that while equipment makers like Lam took a conservative approach to March quarter guidance to reflect the impact from the coronavirus, he sees increasing risk from labor supply chain shortages. Malik keeps a Buy rating on the shares.
News For LRCX From the Last 2 Days
Jan 28, 2021 | 06:45 EST
Mizuho analyst Vijay Rakesh raised the firm's price target on Lam Research to $575 from $530 and keeps a Buy rating on the shares. The company reported a good December quarter and guided strong, Rakesh tells investors in a research note.
Jan 27, 2021 | 16:11 EST
Sees Q3 revenue $3.7B +/- $200M, consensus $3.31B.
Jan 27, 2021 | 14:30 EST
Notable companies reporting after the market close, with earnings consensus, include Apple (AAPL), consensus $1.41... Tesla (TSLA), consensus $1.01... Facebook (FB), consensus $3.22... ServiceNow (NOW), consensus $1.05... Stryker (SYK), consensus $2.55... Lam Research (LRCX), consensus $5.72... Crown Castle (CCI), consensus 63c... Edwards Lifesciences (EW), consensus 53c... Las Vegas Sands (LVS), consensus (32c)... Teradyne (TER), consensus $1.01... Hologic (HOLX), consensus $2.17... United Rentals (URI), consensus $4.23... Whirlpool (WHR), consensus $6.07... Cree (CREE), consensus (25c)... SLM Corp (SLM), consensus 35c... Avnet (AVT), consensus 39c.