Needham Maintains Buy on Lam Research, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reaffirmed a Buy rating on Lam Research (NASDAQ:LRCX) and increased the price target from $800 to $900.
January 25, 2024 | 11:52 am
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Needham analyst Charles Shi maintains a Buy rating on Lam Research and raises the price target from $800 to $900.
The increase in price target by Needham reflects a positive outlook on Lam Research's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100