Citi Top Calls 7/11/11

Citi selected its tops calls in a research report published today. Lam Research LRCX had its rating upgraded from Sell to Buy. At the same time, its price target was raised from $43 to $62. On Friday, Lam lost 1.27% of its value to finish the day at $44.17. KLA-Tencor KLAC had its rating raised from Sell to Hold. At the same time, its price target was raised from $38 to $50. On Friday, KLAC lost 0.66% of its value to finish the week at $42.25. Novellus Systems NVLS had its rating reiterated at Hold. At the same time, its price target was raised from $37 to $40. On Friday, Novellus lost 2.28% of its value to end the week at $35.97. Applied Materials AMAT had its rating maintained at Hold. At the same time, its price target was maintained at $17. On Friday, AMAT lost 2.49% of its value to end the week at $13.10.