B of A Securities raises Lam Research price target to $480

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Reviewed by
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Key Highlights

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.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

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?

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Wells Fargo raises Lam Research price target to $450

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Reviewed by
Radhika SScanX News Team
Key Highlights

Wells Fargo analyst Joe Quatrochi maintains an Overweight rating on Lam Research and raises the price target to $450 from $365.

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*this image is generated using AI for illustrative purposes only.

Wells Fargo analyst Joe Quatrochi has maintained an Overweight rating on Lam Research and raised the price target to $450 from $365.

The adjustment reflects an updated outlook on the company's performance and market position.

Rating and Price Action

Metric Value
Rating Overweight
Previous Price Target $365
New Price Target $450
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove Wells Fargo to raise the price target by over 20%?

How might Lam Research's market position evolve in the semiconductor equipment sector?

What are the potential risks that could impact the company's ability to meet the new price target?

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