Morgan Stanley analyst Shane Brett raised the firm’s price target on Lam Research (LRCX) to $158 from $137 and keeps an Equal Weight rating on the shares. The firm leaves its 2026 wafer fab equipment forecast largely unchanged at $129B, representing 11% year-over-year growth, and raised its 2027 WFE forecast to $145B, up 13% year-over-year, telling investors it sees “two very strong years of growth,” driven by DRAM and TSMC (TSM).
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LRCX:
- Applied Materials Stock Climbs after UBS Upgrade as Analyst Sees a “DRAM Spending Surge” Lifting Shares
- Lam Research price target raised to $175 from $165 at UBS
- The Week That Was, The Week Ahead: Macro & Markets, November 23, 2025
- Insider Moves: ServiceNow, Lam, Opendoor, Celsius, Vistra
- 3 Best ETFs to Invest In, According to AI Analyst, 11/18/2025