B. Riley analyst Craig Ellis raised the firm’s price target on Lam Research to $1,130 from $1,100 and keeps a Buy rating on the shares following the Q3 earnings report. B. Riley sees a buy-the-dip opportunity as rising Foundry and Memory utilization point to a potentially broad multi-year rally, the analyst tells investors in a research note.
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- Lam Research upgraded to Buy from Neutral at B. Riley
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