A Closer Look at 15 Analyst Recommendations For Lam Research
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Lam Research (NASDAQ:LRCX), with a majority being bullish. Recent price targets have decreased, reflecting a 7.58% decline in the average target. Lam Research shows strong financial performance with high revenue growth and profitability, but has a higher debt-to-equity ratio than industry averages.
October 24, 2024 | 4:01 pm
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Lam Research has received mixed analyst ratings, with a majority being bullish. The average 12-month price target has decreased by 7.58%. Despite strong financial performance, the company has a higher debt-to-equity ratio than industry averages.
The mixed analyst ratings, with a majority being bullish, suggest a neutral short-term impact on LRCX's stock price. The decrease in average price target indicates some caution among analysts. However, the company's strong financial performance could offset concerns about its higher debt-to-equity ratio.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100