Smart Money Is Betting Big In LRCX Options
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing bullish interest in Lam Research (NASDAQ:LRCX) options, with a significant number of call options being traded. The sentiment is mostly bullish, with a focus on a price range between $700 and $910. Analysts have mixed ratings, but the average target price is $1066.
August 20, 2024 | 2:16 pm
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Lam Research sees significant bullish options activity, with 13 call options totaling $611,491. Analysts have mixed ratings, but the average target price is $1066, indicating potential upside.
The significant bullish options activity suggests that investors expect the stock price to rise. The average analyst target price of $1066 also indicates potential upside. The mixed analyst ratings provide a balanced view, but the overall sentiment leans bullish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100