Stifel Maintains Buy on Lam Research, Raises Price Target to $950-Report Released on 24 January 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin has maintained a Buy rating on Lam Research (NASDAQ:LRCX) and increased the price target from $850 to $950. The report was released on January 24, 2024.
January 25, 2024 | 2:58 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst Brian Chin reaffirms a Buy rating on Lam Research and raises the price target to $950, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100