Mizuho Maintains Buy on Lam Research, Raises Price Target to $935
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has maintained a Buy rating on Lam Research (NASDAQ:LRCX) and increased the price target from $900 to $935.
January 25, 2024 | 6:38 pm
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POSITIVE IMPACT
Mizuho analyst Vijay Rakesh maintains a Buy rating on Lam Research and raises the price target to $935, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on 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 80
RELEVANCE 100