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Lam Research price target raised to $180 from $160 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Lam Research (LRCX) to $180 from $160 and keeps a Buy rating on the shares. Modest upside is anticipated for the quarter, supported by stronger memory spending, with bullish investor positioning as the company stands to benefit from incremental DRAM and NAND investments, the analyst tells investors in a research note.

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