Lam Research Stock Sinks After Guidance Falls Short of Whispers: Cantor Calls It a 'Top Pick'
Lam Research stock falls 7% premarket after a record quarter as supply delays cap guidance. Cantor keeps a $500 target, sees $200B chip-tool demand.
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Why It Matters
Lam Research had a great quarter but said future orders might slow down. Even though the stock dropped today, some experts still think it's a good long term pick.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.