Lam Research (LRCX, NASDAQ): To the Insiders Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders

LRCX 161.24

+2.4%

Nov 3 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: etchmeister who wrote (5807)	10/12/2009 10:43:00 AM
From: Kirk ©	Read Replies (2) of 5867

Ahead of the Bell: Lam Research upgraded Credit Suisse upgrades Lam Research, as capital spending improves * On 9:24 am EDT, Friday October 9, 2009 finance.yahoo.com NEW YORK (AP) -- A Credit Suisse analyst upgraded Lam Research Corp., saying the semiconductor-equipment maker will benefit from improved capital spending among chip makers as the economy gets better. Satya Kumar said Lam should outgrow the industry by 2010 simply because it is not tied to Intel Corp., which won't "meaningfully" increase its capital spending relative to overall industry spending. In a client note on Thursday, Kumar upgraded Lam to "Outperform" from "Neutral" and raised his target price to $41 from $23. The shares closed Thursday at $34.61. It climbed to $35.24, up 63 cents, in premarket trading on Friday. Kumar said the Fremont, Calif., company will likely gain market share with core customers, such as consumer-electronics maker Samsung. Disclaimer. LRCX has been a long term holding (1998 at $3.33) , many many times over in the money, for my personal and newsletter portfolios.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next