Rosenblatt raised the firm’s price target on Rambus (RMBS) to $90 from $80 and keeps a Buy rating on the shares. The company reported a strong quarter and remains an “under-the-radar” artificial intelligence opportunity, the analyst tells investors in a research note. As the AI inference market expands, the firm expects demand for high-performance DRAM and memory interfaces to accelerate further.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RMBS:
- Rambus price target raised to $75 from $70 at Susquehanna
- Rambus: A Promising Mid-Cap Growth Story with Strong Buy Rating Driven by DDR5 Market Share and Expanding Chipset Opportunities
- Rambus Reports Strong Q2 2025 Financial Results
- Rambus reports Q2 EPS 53c, consensus 50c
- Rambus sees Q3 adjusted product revenue $87M-$93M