Goldman Sachs Maintains Buy on Lam Research, Raises Price Target to $912
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has reaffirmed a Buy rating on Lam Research (NASDAQ:LRCX) and increased the price target from $700 to $912, indicating a positive outlook on the company's stock.
January 25, 2024 | 2:12 pm
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POSITIVE IMPACT
Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Lam Research and raises the price target to $912, suggesting a strong confidence in the company's future performance.
The increase in price target by a reputable analyst from Goldman Sachs is a strong positive signal to the market, often leading to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100