Morgan Stanley Maintains Overweight on Lam Research, Raises Price Target to $720
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Lam Research (NASDAQ:LRCX) and raised the price target from $550 to $720.
July 27, 2023 | 4:38 pm
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Morgan Stanley has maintained an Overweight rating on Lam Research and raised the price target from $550 to $720.
The news is directly about Lam Research. The Overweight rating and increased price target from a reputable financial institution like Morgan Stanley indicates a positive outlook for the company, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100