Stifel Maintains Buy on Lam Research, Raises Price Target to $1050
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin maintains a Buy rating on Lam Research (LRCX) and raises the price target from $950 to $1050.

April 16, 2024 | 12:24 pm
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Stifel analyst Brian Chin reaffirms a Buy rating on Lam Research and increases the price target to $1050.
The upgrade in price target by a reputable analyst like Brian Chin from Stifel signifies a strong confidence in Lam Research's future performance. This is likely to instill positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100