Wells Fargo Maintains Equal-Weight on Lam Research, Raises Price Target to $980
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi has maintained an Equal-Weight rating on Lam Research (LRCX) and increased the price target from $930 to $980.
April 02, 2024 | 1:39 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Lam Research and raised the price target from $930 to $980.
The increase in price target by a reputable analyst like Joseph Quatrochi suggests a positive outlook on Lam Research's stock, potentially leading to increased investor confidence and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100