B. Riley Securities Reiterates Buy on Lam Research, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has reiterated its Buy rating on Lam Research and increased the price target from $105 to $110.
October 24, 2024 | 1:10 pm
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B. Riley Securities has reiterated its Buy rating on Lam Research and increased the price target from $105 to $110, indicating a positive outlook.
The reiteration of a Buy rating and an increase in the price target by a reputable analyst firm like B. Riley Securities suggests confidence in Lam Research's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100