Analyst Upgrades Price Target on Lam Research Following Strong Q3 Earnings

Lam Research (NASDAQ:LRCX) reported strong Q3 FY2026 results, exceeding market expectations with revenue of $5.84 billion and record adjusted EPS of $1.47. Analyst Edward Yang from Oppenheimer raised the price target on Lam Research from $265 to $330, citing strong performance in the Customer Support Business Group and China, along with positive Q4 outlook.

By Ali Hassan Thu, April 30, 2026 at 11:50 AM GMT+3 2 min read · Yahoo Finance · April 30, 2026, 08:50 UTC

Tickers: $LRCX

Topics: AI Demand Analyst Upgrade Earnings Report Lam Research Semiconductor Industry

Read the full article at Yahoo Finance

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