Citigroup Maintains Buy on Lam Research, Raises Price Target to $800
Portfolio Pulse from jenniferd'souza@benzinga.com
Citigroup analyst Atif Malik maintains a Buy rating on Lam Research (NASDAQ:LRCX) and raises the price target from $695 to $800.
July 27, 2023 | 12:29 pm
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Citigroup maintains a Buy rating on Lam Research and raises the price target from $695 to $800, which could lead to a positive market reaction.
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