Cantor Fitzgerald analyst C.J. Muse raised the firm’s price target on Lam Research (LRCX) to $320 from $265 and keeps an Overweight rating on the shares. Lam closed CY25 with strong momentum, driven by 40% tool revenue growth and gains in WFE share, and guided to a March quarter above Street expectations, the analyst tells investors in a research note. Management expects continued tight equipment demand and share gains in 2026-2027, with EPS projected at $6.10 for CY26 and a potential $10 in CY27, supported by leadership in deposition and etch across Foundry, NAND, DRAM, and Advanced Packaging, the firm says.
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