Wells Fargo Maintains Equal-Weight on Lam Research, Raises Price Target to $650
Portfolio Pulse from jenniferd'souza@benzinga.com
Wells Fargo analyst Joe Quatrochi has maintained an Equal-Weight rating on Lam Research (NASDAQ:LRCX) and raised the price target from $620 to $650.
July 27, 2023 | 1:19 pm
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Wells Fargo has maintained an Equal-Weight rating on Lam Research and raised the price target from $620 to $650.
The raised price target by Wells Fargo indicates a positive outlook for Lam Research. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100