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Lam Research Corporation (LRCX) [hlAlert]

Rating:
Buy LRCX
up 9.11 %

Lam Research Corporation (LRCX) rated Buy with price target $88 by Needham

Posted on: Friday,  Oct 9, 2015  8:25 AM ET by Needham

Needham rated Buy Lam Research Corporation (NASDAQ: LRCX) on 10/09/2015, when the stock price was $67.00. Since
then, Lam Research Corporation has gained 9.12% as of 10/21/2015's recent price of $73.11.
If you would have followed this Needham's recommendation on LRCX, you would have gained 9.11% of your investment in 12 days.

Lam Research Corporation designs, manufactures, markets and services semiconductor processing equipment used in the fabrication of integrated circuits. Lam is recognized as a leading supplier of front-end wafer processing equipment to the worldwide semiconductor industry. TheCompany's products are used selectively to etch away portions of various films to create an integrated circuit.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2015 8:25 AM Buy
None
67.00 88.00
as of 8/27/2015
1 Week up  0.95 %
1 Month down  -12.73 %
3 Months down  -6.56 %
1 YTD up  34.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2015 8:25 AM Buy
None
79.10 93.00
1/9/2015 9:25 AM Buy
None
79.64 93.00
6/3/2013 8:25 AM Buy
None
47.69 60.00
4/25/2013 8:25 AM Buy
None
44.20 53.00
4/17/2013 8:25 AM Buy
None
42.01 50.00
1/10/2013 8:25 AM Hold
None
37.85 43.00
10/8/2012 8:25 AM Buy
None
31.93 38.00
7/26/2012 8:27 AM Buy
None
33.79 42.00
7/19/2012 8:25 AM Buy
None
35.17 44.00
6/5/2012 8:25 AM Buy
None
36.09 48.00
12/15/2011 8:25 AM Buy
None
38.06 46.00
4/15/2008 9:25 AM Hold
None
41.06
7/25/2007 9:25 AM Buy
None
57.13 80.00

(*) Stock Price at the time of the recommendation.
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