Recap: Lam Research Q4 Earnings
Lam Research (NASDAQ:LRCX) reported its Q4 earnings results on Wednesday, July 27, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings Scheduled For July 27, 2022
Companies Reporting Before The Bell
• Equinor (NYSE:EQNR) is projected to report earnings for its second quarter.
‘CHIPS: Senate has cleared 60 vote threshold to end debate on semiconductor bill. Smooth sailing in Senate from here’ -Bloomberg Reporter
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Lam Research Shares Are Falling Monday: What’s Happening?
Lam Research Corporation (NASDAQ: LRCX) shares are trading lower by 1.79% to $455.67 Monday morning. Barclays downgraded the stock from Overweight to Equal-Weight and lowered its price target from $625 to $450.
What 7 Analyst Ratings Have To Say About Lam Research
Within the last quarter, Lam Research (NASDAQ:LRCX) has observed the following analyst ratings:
Barclays Downgrades Lam Research to Equal-Weight, Lowers Price Target to $450
Barclays analyst Blayne Curtis downgrades Lam Research (NASDAQ:LRCX) from Overweight to Equal-Weight and lowers the price target from $625 to $450.
Lam Research Whale Trades Spotted
Someone with a lot of money to spend has taken a bearish stance on Lam Research (NASDAQ:LRCX).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.