Lam Research (LRCX) Target Price Boosted to $285.00

Investors sentiment increased to 1.08 in Q4 2017. That's change of 0.06, from 2017Q3's 1.02. It improved, as 40 investors sold LRCX shares while 262 reduced holdings. 215 increased positions while 112 funds amassed positions. KBC Group NV now owns 316,776 shares of the semiconductor company's stock worth $58,309,000 after buying an additional 278,737 shares during the last quarter.

25,440 were reported by Bankshares Of Nova Scotia. 141,473 were accumulated by Chevy Chase Tru. The count of Hold ratings in that period was 0. Old Mutual Glob Investors (Uk) holds 1.06 million shs. The Colorado-based Institute For Wealth Limited Liability Company has invested 0.29% in Lam Research Corporation (NASDAQ:LRCX).

LRCX has been the subject of several other research reports. Raymond James Na invested in 2,779 shs.

At the time of writing, Lam Research Corporation (NasdaqGS:LRCX) has a Piotroski F-Score of 6. Highvista Strategies Ltd Liability stated it has 3,200 shs or 0.16% of all its holdings. 9,987 are held by Kentucky Retirement System. Alphamark Ltd owns 101 shs. Lombard Odier Asset Management (Switzerland) Sa accumulated 0.34% or 19,190 shs. 3,647 are held by First Allied Advisory Services. Illinois-based Nuveen Asset Mgmt has invested 0.13% in Lam Research Corporation (NASDAQ:LRCX). Lam Research has a 1-year low of $202.00 and a 1-year high of $206.70.

Since January 23, 2018, it had 0 buys, and 11 sales for $23.41 million activity. Varadarajan Seshasayee sold $5.47M worth of Lam Research Corporation (NASDAQ:LRCX) on Tuesday, January 23.

In other Lam Research news, SVP Sarah A. O'dowd sold 1,835 shares of the firm's stock in a transaction that occurred on Thursday, March 8th. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. They set an "outperform" rating and a $285.00 target price on the stock. The raise was published on 14 May.

Among 20 analysts covering Lam Research (NASDAQ:LRCX), 19 have Buy rating, 0 Sell and 1 Hold. The stock was sold at an average price of $225.00, for a total value of $2,520,000.00. 27 are the (NASDAQ:LRCX)'s ratings reports on May 16, 2018 according to StockzIntelligence Inc. The average target $260.58 is 27.72% above the last ($204.03) price. On Wednesday, April 18 the firm has "Buy" rating given by Stifel Nicolaus. In Thursday, January 25 report Deutsche Bank maintained the stock with "Buy" rating. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). On Wednesday, April 18 B. Riley & Co maintained the shares of LRCX in report with "Buy" rating. On Tuesday, March 6 Susquehanna maintained the shares of LRCX in report with "Buy" rating. Vigilant Capital Mngmt Lc stated it has 2.39% in Lam Research Corporation (NASDAQ:LRCX). Lam Research Corporation (NASDAQ:LRCX) at the moment has a 10-month price index of 1.3. On Thursday, January 25 the company was maintained by JP Morgan. Seizert Cap Llc reported 48,386 shs stake.

Shares of NASDAQ:LRCX - Lam Research closed the previous trading session at 201.29 down -2.74 1.34% with 200.77000427246094 shares trading hands. Looking at some alternate time periods, the 12 month price index is 1.34495, the 24 month is 2.75693, and the 36 month is 2.66895. The stock outperformed the S&P500 by 46.99%. The semiconductor company reported $4.79 earnings per share for the quarter, topping the Zacks' consensus estimate of $4.38 by $0.41. LRCX's profit will be $820.22M for 10.20 P/E if the $5.00 EPS becomes a reality.

Bridgeway Capital Management Inc who had been investing in Lam Research Corp for a number of months, seems to be less bullish one the $33.47 billion market cap company. The company offers thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition systems to deposit oxides, nitrides, and carbides for hardmasks, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; and Striker atomic layer deposition systems that deliver conformal dielectric films for spacer-based patterning and liner applications in various advanced memory and logic structures.

The consensus analysts recommendation at this point stands at 2.00 on Lam Research Corporation (NASDAQ:LRCX). In this case performance of tends to percentage rate of return for a stock for a given time frame. The next is "Lam Research: Long-Term Dividend Growth" on April 23, 2018. Livetradingnews.com's news article titled: "Wall Street's Top Analysts Upgrades, Downgrades & Initiations" with publication date: May 15, 2018 was also an interesting one.

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