JP Morgan Maintains Overweight on Lam Research, Raises Price Target to $720
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur has maintained an Overweight rating on Lam Research (NASDAQ:LRCX) and raised the price target from $550 to $720.
July 27, 2023 | 2:04 pm
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POSITIVE IMPACT
JP Morgan has maintained an Overweight rating on Lam Research and raised the price target from $550 to $720, indicating a positive outlook for the company.
The raised price target by JP Morgan 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