B. Riley raised the firm’s price target on Lam Research (LRCX) to $180 from $175 and keeps a Buy rating on the shares following the earnings report. The company showed strong execution and issued a “healthy” 2026 growth outlook despite headwinds in China, the analyst tells investors in a research note.
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Read More on LRCX:
- Lam Research price target raised to $200 from $120 at Oppenheimer
- Lam Research price target raised to $160 from $135 at Stifel
- Positive Outlook for Lam Research Driven by Strong Market Share Gains and Conservative Earnings Guidance
- Lam Research’s Strong Growth Prospects and Resilience Amidst Challenges Support Buy Rating
- Lam Research: Strong Financial Performance and AI Sector Growth Drive Buy Rating
