Wells Fargo Maintains Equal-Weight on Lam Research, Lowers Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi maintains an Equal-Weight rating on Lam Research (NASDAQ:LRCX) but lowers the price target from $1100 to $1000.
August 01, 2024 | 2:23 pm
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Wells Fargo analyst Joseph Quatrochi maintains an Equal-Weight rating on Lam Research but lowers the price target from $1100 to $1000.
The lowered price target from $1100 to $1000 by Wells Fargo suggests a less optimistic outlook for Lam Research, which could negatively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100