UBS Group Increases Lam Research (NASDAQ:LRCX) Price Target to $1,130.00

UBS Group has recently increased its price target for Lam Research NASDAQLRCX from $885.00 to $1,130.00 in a report issued on Tuesday. The firm currently holds a "buy" rating on the semiconductor company's stock. This means that UBS Group believes that the stock is undervalued and has the potential for growth.

The new target price of $1,130.00 represents a potential upside of 15.09% from the stock's previous close. This indicates that UBS Group expects the stock to perform well in the future and potentially increase in value.

Lam Research is a leading provider of advanced semiconductor manufacturing equipment and services. The company operates in several markets, including memory, logic, foundry, and display. Lam Research's products and services are used by customers in various industries, such as consumer electronics, automotive, and healthcare.

UBS Group is a global financial services company that provides investment banking, wealth management, and asset management services. The firm operates in over 100 countries and has a strong presence in the Asia-Pacific region. UBS Group's research reports provide insights and recommendations on various industries and companies, helping investors make informed decisions.

In summary, UBS Group has increased its price target for Lam Research NASDAQLRCX from $885.00 to $1,130.00 in a report issued on Tuesday. The firm currently holds a "buy" rating on the semiconductor company's stock and expects the stock to perform well in the future with potential upside of 15.09% from the previous close.