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Stock impact report

Wall Street Bullish on Lam Research Corporation (LRCX), Here's What You Need to Know [Yahoo! Finance]

BRC Group Holdings, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: Yahoo! Finance
Wall Street remains bullish for further upside. Recently, on December 23, Timothy Arcuri from UBS reiterated a Buy rating on the stock and raised the price target from $175 to $200. Earlier on December 18, Craig Ellis from B. Riley Securities also raised the price target from $180 to $195, while reiterating a Buy rating on the stock. Analyst at B. Riley noted that Lam Research Corporation (NASDAQ:LRCX) enjoys a significant competitive edge in the industry owing to its superior memory exposure and leadership in eTech. He noted that this leverage calls for increased spending in the memory fab equipment, which suggests further upside for the company. In addition, on December 17, Mizuho Securities raised the firm's price target from $170 to $200 with a Buy rating. The firm noted that they see upside for wafer fab equipment estimates in 2026. The firm added that this improved industry outlook is a positive sign for the company heading into the new year. That said, Lam Research Corp Show less Read more
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