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Fly News Breaks for March 4, 2020
LRCX
Mar 4, 2020 | 09:17 EDT
DA Davidson analyst Thomas Diffely keeps his Buy rating and $350 price target on Lam Research after its analyst meeting yesterday, saying the presentation has left him "incrementally more bullish" on the industry outlook over the long term as well as the company's position as a "clear outperformer". The analyst cites the discussion of Lam Research as a technology disruptor with market share gain opportunity as well as the importance of its growing installed base.