This Is What Whales Are Betting On Lam Research
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Lam Research (NASDAQ:LRCX), with 57% of detected trades being bearish. The targeted price range for Lam Research over the last 3 months is from $380.0 to $840.0. The current price of LRCX is up 2.49% at $719.45. Analysts from JP Morgan, Citigroup, Stifel, and Barclays have maintained their ratings on Lam Research, with price targets ranging from $600 to $800.
July 28, 2023 | 2:31 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Bearish sentiment detected in trades for Lam Research (NASDAQ:LRCX). Analysts maintain ratings with price targets from $600 to $800. Current price up 2.49% at $719.45.
The bearish sentiment detected in trades could potentially impact the stock price of Lam Research. However, the maintained ratings from analysts and the current upward trend in price indicate a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100