TD Cowen Maintains Buy on Lam Research, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Krish Sankar maintains a Buy rating on Lam Research (LRCX) and raises the price target from $975 to $1000.
April 25, 2024 | 5:50 pm
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TD Cowen analyst Krish Sankar reaffirms a Buy rating on Lam Research and increases the price target to $1000.
The increase in price target by a reputable analyst like Krish Sankar signals strong confidence in Lam Research's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in LRCX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100