Needham Reiterates Buy on Lam Research, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on Lam Research (NASDAQ:LRCX) and maintained a $100 price target.
October 24, 2024 | 10:54 am
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Needham analyst Charles Shi has reiterated a Buy rating on Lam Research and maintained a $100 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $100 price target by a reputable analyst suggests a positive outlook for Lam Research. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100