Cantor Fitzgerald Maintains Neutral on Lam Research, Lowers Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained a Neutral rating on Lam Research (NASDAQ:LRCX) but has lowered its price target from $1200 to $1000.
September 30, 2024 | 12:47 pm
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Cantor Fitzgerald has maintained a Neutral rating on Lam Research but reduced the price target from $1200 to $1000, indicating a less optimistic outlook.
The reduction in price target from $1200 to $1000 by Cantor Fitzgerald suggests a less optimistic view on Lam Research's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100