Stifel Raises Lam Research Price Target to $300

Stifel analyst Brian Chin raised the price target on Lam Research (NASDAQ: LRCX) to $300.00 (from $280.00) while maintaining a Buy rating.

“Our company-specific estimate (and corresponding price target) increases highlight names (LRCX, ICHR) we believe have higher exposure/responsiveness to recent sources of WFE upside, which should be somewhat apparent this earnings season, though moreso by 2H26.Overall, we remain upbeat on sector fundamentals; this is not as great as it gets for semicap.”

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