Reported 2 days ago
On July 21, 2025, UBS raised its price target for Lam Research Corporation (NASDAQ:LRCX) from $95 to $120, maintaining a ‘Buy’ rating amidst positive expectations for the company’s Q4 performance. This optimism is driven by Samsung's ongoing NAND equipment upgrades, potential growth from TSMC, and strong demand in China. With a favorable outlook for the wafer fabrication equipment market, Lam Research is positioned to benefit from the surge in semiconductor manufacturing investment.
Source: YAHOO