B of A Securities raises Lam Research price target to $480
B of A Securities analyst Vivek Arya maintained a Buy rating on Lam Research (NASDAQ: LRCX) and raised the price target to $480 from $330, indicating a positive outlook.

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B of A Securities analyst Vivek Arya has maintained a Buy rating on Lam Research (NASDAQ: LRCX) and raised the price target to $480 from $330. The adjustment reflects a revised outlook on the stock's valuation potential.
Rating and Price Target Details
The research note highlights the firm's continued confidence in Lam Research's performance. The new price target of $480 represents a significant increase from the previous target of $330.
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $330 |
| New Price Target | $480 |
The decision to maintain the Buy rating alongside the higher price target suggests an expectation of positive momentum for the shares.
What specific market trends or catalysts justify the 45% increase in the price target?
How might this revised valuation impact investor sentiment towards the semiconductor equipment sector?
What risks could potentially hinder Lam Research from reaching the new $480 price target?






























