In a report released yesterday, Vijay Rakesh from Mizuho Securities maintained a Buy rating on Lam Research (LRCX – Research Report), with a price target of $650.00. The company's shares closed last Wednesday at $467.66. According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 20.7% and a 58.2% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Allegro MicroSystems. Currently, the analyst consensus on Lam Research is a Moderate Buy with an average price target of $549.38, representing a 20.9% upside.
https://www.tipranks.com/news/blurbs/lam-research-lrcx-receives-a-rating-update-from-a-top-analyst?utm_source=advfn.com&utm_medium=referral
Lam Research (NASDAQ:LRCX)
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