Reported 2 days ago
Deutsche Bank has upgraded Lam Research Corporation (LRCX) to a 'Buy' rating, raising the price target from $100 to $150, citing the company's strong position in the booming semiconductor-equipment market. With a focus on memory and leading-edge logic chips, LRCX is expected to outperform competitors over the next year, despite its year-to-date share increase of 77%. Analysts suggest that while LRCX is a solid investment, some AI stocks might offer even greater potential.
Source: YAHOO