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Rambus price target raised to $73 from $62 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the firm’s price target on Rambus (RMBS) to $73 from $62 and keeps an Overweight rating on the shares. The firm says Rambus’ Q4 results plus forward guide/comments reinforce its positive thesis, namely path to $4/share-plus EPS story underpinned by positive secular trends in data center memory, and companion chip expansion plus significant MRDIMM content expansion opportunity in 2026-plus.

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