Lam Research Analysts Cut Their Forecasts Following Q1 Earnings
Lam Research beat Q1 FY27 estimates, but shares fell 11.3% after cautious guidance; analysts cut price targets despite bullish ratings.
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Why It Matters
Lam Research did better than expected this quarter, but gave cautious guidance. Analysts are lowering their price targets, which suggests they are worried about what comes next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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