Deutsche Bank Maintains Buy on Lam Research, Lowers Price Target to $950
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Sidney Ho maintains a Buy rating on Lam Research (NASDAQ:LRCX) but lowers the price target from $1100 to $950.

August 01, 2024 | 6:05 pm
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Deutsche Bank analyst Sidney Ho maintains a Buy rating on Lam Research but lowers the price target from $1100 to $950.
The maintained Buy rating suggests continued confidence in Lam Research's long-term prospects. However, the lowered price target indicates some concerns or adjustments in expectations, which could lead to mixed short-term reactions in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100