Looking At Lam Research's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Lam Research (NASDAQ:LRCX), with 70% of recent trades being bearish and 30% bullish. The trades have targeted a price range of $550.0 to $700.0 for Lam Research over the last 3 months. The current price of LRCX is $681.05, down 0.53%. Stifel has maintained their Buy rating on Lam Research with a price target of $750.
August 30, 2023 | 5:01 pm
News sentiment analysis
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Bearish stance taken by a significant investor on Lam Research. The targeted price range is $550.0 to $700.0. The current price is $681.05, down 0.53%. Stifel maintains a Buy rating with a price target of $750.
The bearish stance taken by a significant investor indicates a potential downward pressure on the stock price. However, the maintained Buy rating from Stifel suggests a positive outlook, creating a mixed impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100