Cantor Fitzgerald Increases Lam Research (NASDAQ:LRCX) Price Target to $120.00

Market Beat
2025.08.22 13:45
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Cantor Fitzgerald has raised its price target for Lam Research (NASDAQ:LRCX) from $115.00 to $120.00, maintaining an "overweight" rating. This new target suggests a potential upside of 20.38% from the current price. Other analysts have also upgraded their ratings, with a consensus price target of $107.30. Lam Research reported strong earnings, exceeding estimates with a revenue of $5.17 billion and a net margin of 29.07%. The company is involved in semiconductor processing equipment manufacturing.