Cantor Fitzgerald Reiterates Neutral on Lam Research, Maintains $1100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has reiterated a Neutral rating on Lam Research (NASDAQ:LRCX) and maintained a price target of $1100.

April 25, 2024 | 2:11 pm
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Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Lam Research with a maintained price target of $1100.
The reiteration of a Neutral rating and maintenance of the price target at $1100 by Cantor Fitzgerald suggests a stable outlook for Lam Research without any immediate positive or negative catalysts. This stability in analyst sentiment is likely to have a neutral short-term impact on LRCX's stock price, as it indicates no significant changes in the company's valuation or market position according to the analyst's view.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100