LRCX Surpasses Average Target Set by Analysts

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Shares of Lam Research Corp (LRCX) recently rose above the average analyst target price of $91.11, trading at $91.66 per share. This rise prompts analysts to reassess their price expectations, with one target as low as $70.00 and another as high as $125.00, indicating a standard deviation of $12.875.

Currently, 27 analysts cover Lam Research, with 19 strong buy ratings, 3 buy ratings, and 8 hold ratings. There are no sell or strong sell ratings. The overall average rating stands at 1.63 on a scale where 1 is a Strong Buy.

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