SI
SI
discoversearch

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 : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam3/2/2020 11:49:41 AM
1 Recommendation

Recommended By
Return to Sender

  Read Replies (1) of 95546
 
Coronavirus will cloud Lam's analyst day, say analysts
Mar. 2, 2020 11:16 AM ET|About: Lam Research Corporation (LRCX)|By: Brandy Betz, SA News Editor


Lam Research (NASDAQ: LRCX) will host its analyst day tomorrow, and analysts are waiting for word on the potential coronavirus impact.

RBC (Outperform, $350 target) thinks the event will be "clouded by macro concerns" with the Street expecting a coronavirus-related "down-tick to either numbers or qualitative characteristics regarding Mar-qtr guidance."

Morgan Stanley (Equal-Weight, $314 PT) sees the coronavirus as a headwind, but notes that "confidence remains high."

The firm expects Lam to offer "a constructive long term viewpoint, and near term confidence."

Lam Research shares are down 1.1% to $290.08. The company has a Bullish average Sell Side rating.

seekingalpha.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News