UPDATE: Stifel Nicolaus Raises PT on Lam Research Following 4Q13 Earnings Results
August 01, 2013 at 10:39 AM EDT
In a report published Thursday, Stifel Nicolaus analyst Patrick Ho reiterated a Buy rating on Lam Research (NASDAQ: LRCX ), and raised the price target from $54.00 to $57.00. In the report, Stifel Nicolaus noted, “On Wednesday after the market close, Lam Research reported 4Q13 (June) earnings results of $986.2 million