Where Lam Research Stands With Analysts
Lam Research (NASDAQ:LRCX) has observed the following analyst ratings within the last quarter:
|Bullish||Somewhat Bullish||Indifferent||Somewhat Bearish||Bearish|
According to 5 analyst offering 12-month price targets in the last 3 months, Lam Research has an average price target of $663.0 with a high of $725.00 and a low of $600.00.
Below is a summary of how these 5 analysts rated Lam Research over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock
This current average represents a 7.27% increase from the previous average price target of $715.0.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.