Decoding 11 Analyst Evaluations For Lam Research
Portfolio Pulse from Benzinga Insights
In the past three months, 11 analysts have provided ratings for Lam Research (NASDAQ:LRCX), with a majority being bullish. The average 12-month price target is $1060.18, showing a 2.44% decline from the previous average. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Lam Research, a leading semiconductor equipment manufacturer, has shown strong financial health with significant revenue growth and efficient cost management, despite a higher debt-to-equity ratio.
September 17, 2024 | 2:00 pm
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Lam Research has received mostly bullish ratings from analysts, with an average price target of $1060.18, a decrease of 2.44% from the previous average. The company shows strong financial health with significant revenue growth and efficient cost management, but faces higher financial risk due to a higher debt-to-equity ratio.
The majority of analysts are bullish on Lam Research, indicating positive sentiment. The average price target has decreased slightly, but the company's strong financial performance, including revenue growth and efficient cost management, supports a positive outlook. However, the higher debt-to-equity ratio poses a financial risk, which tempers the overall positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100