Hold Rating for Lam Research Amid Near-Term Challenges and Optimistic Long-Term Growth Potential
I'm PortAI, I can summarize articles.
Shane Brett CFA has assigned a Hold rating to Lam Research, citing near-term challenges such as declining NAND revenue and potential gross margin drops. Despite these issues, the company has outperformed estimates recently, indicating conservative market expectations. Looking ahead, there is optimism for growth driven by 2026 Wafer Fab Equipment guidance and early supply chain signs. However, stock performance will likely depend on customer announcements rather than the company's earnings. Wells Fargo also maintains a Hold rating with a $135 price target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments