What 11 Analyst Ratings Have To Say About Lam Research
Portfolio Pulse from Benzinga Insights
Over the last quarter, 11 analysts have provided ratings for Lam Research (NASDAQ:LRCX), with 6 being bullish, 3 somewhat bullish, and 2 indifferent. The company has an average 12-month price target of $717.27, with a high of $825.00 and a low of $600.00. The average price target has increased by 18.56% over the past month.
October 05, 2023 | 5:01 pm
News sentiment analysis
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POSITIVE IMPACT
Lam Research has received mostly bullish ratings from analysts over the last quarter. The average 12-month price target has increased by 18.56% over the past month, indicating positive sentiment.
The majority of the 11 analysts have given Lam Research a bullish or somewhat bullish rating, indicating a positive outlook for the company. The increase in the average 12-month price target over the past month further supports this positive sentiment. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100