Wells Fargo Maintains Equal-Weight on Lam Research, Raises Price Target to $1100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi maintains an Equal-Weight rating on Lam Research (NASDAQ:LRCX) and raises the price target from $980 to $1100.
June 17, 2024 | 1:34 pm
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POSITIVE IMPACT
Wells Fargo analyst Joseph Quatrochi maintains an Equal-Weight rating on Lam Research and raises the price target from $980 to $1100.
The raised price target from $980 to $1100 by a reputable analyst at Wells Fargo is likely to have a positive short-term impact on Lam Research's stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100