Avery Schumer
All posts from Avery Schumer
Avery Schumer in Mergers & Acquisitions,

RBC Analyst Expects Lam-KLA Tencor Merger To Be Approved

So it's up to no good. Guess i better find another target. 

  • Shares of both Lam Research Corporation and KLA-Tencor Corp  are down 9 percent year-to-date.
  • RBC Capital Markets’ Mahesh Sanganeria has an Underperform rating on Lam Research and a Sector Perform rating on KLA-Tencor.
  • The merger between the two companies is prudent and is likely to receive regulatory approval, Sanganeria said.