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Stock impact report

Lam Research (LRCX) Leads Etch Market as AI-Driven Memory Supercycle Fuels Robust WFE Spending Outlook Through 2026 [Yahoo! Finance]

BRC Group Holdings, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: Yahoo! Finance
Earlier on December 18, B. Riley raised the firm's price target on Lam Research to $195 from $180 with a Buy rating on the shares. The firm highlighted that Lam Research Corporation (NASDAQ: LRCX ) is exceptionally well-positioned to benefit from the current surge in memory WFE spending. This advantage stems from the company's superior exposure to the memory sector and its industry-leading position in etch tech, which provides leverage as manufacturers ramp up their production capacity. A day before this, Mizuho analyst Vijay Rakesh raised the firm's price target on the company to $200 from $170 with an Outperform rating on the shares. Rakesh expressed a bullish stance on the company and highlighted an improved outlook for the WFE market. The firm anticipates growth in the sector and has accordingly raised its 2026 WFE spending estimates. Furthermore, BofA analyst Vivek Arya raised the firm's price target to $195 from $165, while keeping a Buy rating on December 16. BofA broadly Show less Read more
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