• Lam Research (LRCXD.BA) is up 3.5% at $6.16 today, driven by several analyst upgrades.
  • Stifel raised its price target for Lam Research to $425 from $325, maintaining a "Buy" rating.
  • Other firms like Mizuho and TD Cowen also boosted price targets on July 9th, citing strong AI-driven chip demand.
  • The upward movement is further supported by a broader rebound across the semiconductor sector, recovering from recent weakness.