Lam Research (LRCX) PT Raised to $235 at Stifel
Stifel analyst Patrick Ho raised his price target on Lam Research (NASDAQ: LRCX) to $235.00 (from $215.00) while maintaining a Buy rating following better than expected Q1 results.
"We believe much of management's industry commentary is supportive of our industry outlook and we expect Lam to be well positioned to outperform industry growth rates once again," Ho said.