B. Riley raised the firm’s price target on Lam Research (LRCX) to $310 from $255 and keeps a Buy rating on the shares. Lam Research’s Q2 results and Q3 guidance significantly exceeded consensus, reflecting strong execution, accelerating demand, and continued pull-ins across customers, the analyst tells investors in a research note. Management expects 100 basis points of share gains in 2026, roughly 25% year over year sales growth, and sees robust demand persisting into 2027, the firm says.
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