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via gurufocus.comMarkets

Lam Research rises 5.82% despite B. Riley target cut

FROM THE WIRE · GURUFOCUS.COM

Chipmaking-equipment supplier Lam Research (LRCX) climbed to $279.31, up approximately 5.82%, as of 11:53 a.m. ET on October 19, even as B. Riley trimmed its pr

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe sharp rise of a chip equipment supplier contrasts with a target cut ahead of earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Lam Research climbed to $279.31, up about 5.82%, at 11:53 a.m. ET on October 19.
  2. 02B. Riley trimmed its price target.
  3. 03The stock trades ahead of earnings.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Lam Research CorporationLRCXStock264.17 USD-3.73%today -2.95%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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