Why Analysts See More Upside for Lam Research (LRCX)
• UBS raised its price target for Lam Research Corporation (NASDAQ:LRCX) from $310 to $375 on June 9, while maintaining a Buy rating. • The upgrade follows the 4th Annual Wells Fargo Silicon Valley Bus Tour, which revealed a strong demand environment across the semiconductor industry. • Growth is being driven by accelerating AI data center deployments, expanding agentic AI workloads, and increasing memory requirements.
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