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Lam Research price target raised to $162 from $130 at Mizuho

Mizuho raised the firm’s price target on Lam Research (LRCX) to $162 from $130 and keeps an Outperform rating on the shares. The firm continues to see upside to wafer fab equipment and upped its 2026 estimates to up 10% year-over-year from 5%.

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