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The first-quarter earnings season ramps up next week.
Lam Research has historically beaten earnings estimates 92% of the time, averaging a 1.3% post-earnings gain.
KEY POINTS
- ServiceNow has beaten earnings estimates 91% of the time, with a 3.1% average post-report gain.
- Lam Research's $40 billion NAND upgrade opportunity remains mostly ahead, per Wolfe Research.
- Citi's revised 12-month target for ServiceNow implies 84% upside despite a 37% YTD decline.
- Oppenheimer expects ServiceNow to report bullish AI metrics and higher margins this quarter.
COMPANIES
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