Category: Markets
Published: 2026-06-28T18:47:07.000Z
Barclays has reiterated an "Overweight" rating on Lam Research Corporation (LRCX) and raised its price target to $335, citing a stronger wafer-fab-equipment capital spending cycle and projections of industry sales exceeding $200 billion by 2027. BofA also increased its price target for LRCX to $480, maintaining a “Buy” rating, due to updated semiconductor industry models and an elevated 2030 total addressable market forecast, driven by growth in memory and data-center markets, as well as a recovery in automotive and industrial demand. Lam Research designs, manufactures, and markets semiconductor processing equipment, operating globally.
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