Featured Post

Latest Gold News

This analyst sees nothing to stop gold from continuing climb Cyber Terrorism another reason to own gold says Faber Fed doves supportin...

Tuesday, December 20, 2011

Citigroup (C) Reiterates "Buy" on Lam (LRCX)

Citigroup (NYSE:C) reiterated its "Buy" rating on Lam Research (NASDAQ: LRCX). They have a price target of $58.00 on the company.

Other brokerages have recently rated Lam Research. Barclays Capital (NYSE: BCS) maintains an "Overweight" rating on the company.

Needham & Company has a price target of $46.00 on Lam, recently upgrading them from a "Hold" rating to a "Buy" rating.

Piper Jaffray (NYSE: PJC) reiterated its "Overweight" rating on Lam Research, placing a price target of $40.00 on the company.

Lam Research was trading at $36.34, gaining $1.48, or 4.25 percent, as of 12:15 PM EST.

No comments: