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A number of stock research firms have changed their ratings and price targets for Lam Research (NASDAQ: LRCX) during the last seven days:

  • Lam Research had its price target raised by analysts at Cowen and Company from $63.00 to $80.00. They now have an “outperform” rating on the stock.
  • Lam Research had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a $70.00 price target on the stock, up previously from $56.00.
  • Lam Research had its price target raised by analysts at B. Riley from $67.00 to $80.00. They now have a “buy” rating on the stock.
  • Lam Research had its price target raised by analysts at Deutsche Bank from $62.00 to $81.00. They now have a “buy” rating on the stock.
  • Lam Research had its price target raised by analysts at Needham & Company LLC from $67.00 to $82.00. They now have a “buy” rating on the stock.

Shares of Lam Research Co. (NASDAQ:LRCX) opened at 66.50 on Friday. Lam Research Co. has a one year low of $44.11 and a one year high of $67.85. The stock has a 50-day moving average of $62.52 and a 200-day moving average of $55.82. The company has a market cap of $10.782 billion and a price-to-earnings ratio of 23.44.

Lam Research Corporation (NASDAQ:LRCX), is a supplier of wafer fabrication equipment and services to the worldwide semiconductor industry.

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