In a report released yesterday, Harlan Sur from J.P. Morgan maintained a Buy rating on Lam Research (LRCX – Research Report), with a price target of $640.00. The company's shares closed last Thursday at $484.94. According to TipRanks.com, Sur is a 5-star analyst with an average return of 17.8% and a 62.5% success rate. Sur covers the Technology sector, focusing on stocks such as Advanced Micro Devices, GlobalFoundries Inc, and Skyworks Solutions. Lam Research has an analyst consensus of Moderate Buy, with a price target consensus of $569.50, a 22.6% upside from current levels.
https://www.tipranks.com/news/blurbs/lam-research-lrcx-receives-a-buy-from-j-p-morgan?utm_source=advfn.com&utm_medium=referral
Lam Research (NASDAQ:LRCX)
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