Citigroup Maintains Buy on Lam Research, Raises Price Target to $695
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Lam Research (NASDAQ:LRCX) and raises the price target from $560 to $695.
July 14, 2023 | 3:40 pm
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Citigroup maintains a Buy rating on Lam Research and raises the price target from $560 to $695, indicating a positive outlook for the company.
The raised price target by Citigroup indicates a positive outlook for Lam Research. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100