Barclays Maintains Equal-Weight on Lam Research, Raises Price Target to $825
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Lam Research (NASDAQ:LRCX) and increased the price target from $750 to $825.
January 25, 2024 | 12:16 pm
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Barclays has maintained an Equal-Weight rating on Lam Research but raised the price target from $750 to $825, indicating a positive outlook on the stock's value.
The increase in price target by Barclays reflects a positive reassessment of Lam Research's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 75
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