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Analyst Moves: LRCX, GNW
Wednesday, May 16, 4:53 PM ET

Lam Research (NASDAQ:LRCX) was downgraded today by JP Morgan (NYSE:JPM) to underweight from neutral with a price target of $35, as the firm expects slower growth during the second half of the year.

Shares are lower by about 4.9 percent.

Genworth Financial (NYSE:GNW) today had its estimates reduced by Credit Suisse (NYSE:CS) due to lower returns in life insurance. A $6 price target was set with a neutral rating.

Shares are lower by about 6.6 percent.

For MarketNewsVideo.com, I'm Sayoko Murase.

Analyst Moves: LRCX, GNW picture
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