Argus raised the firm’s price target on Lam Research (LRCX) to $120 from $105 and keeps a Buy rating on the shares. Lam Research topped consensus estimates for adjusted EPS and revenue, ending a solid growth year in fiscal 2025 after a down fiscal 2024, the analyst tells investors in a research note. Tariffs remain a wild card, although as of July 2025 semiconductors remained exempt from tariffs, the firm says.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade LRCXPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LRCX:
- Lam Research price target raised to $120 from $115 at Mizuho
- Lam Research price target raised to $113 from $108 at Citi
- Lam Research Corp Shines in Earnings Call
- Downgrade Watchlist! These Are the Stocks Analysts Downgraded on 7/30/25
- Lam Research price target raised to $94 from $87 at Morgan Stanley