B. Riley Raises Price Target on Lam Research to $385

On May 12, 2026, B. Riley raised its price target for Lam Research (NASDAQ:LRCX) from $350 to $385 while maintaining a Buy rating. The firm cited accelerating AI-related investments and increased capital expenditure expectations in the semiconductor sector through 2028 as key drivers.

By Jeff Lewis Mon, May 18, 2026 at 6:11 PM GMT+3 2 min read · Yahoo Finance · May 18, 2026, 15:11 UTC

B. Riley Raises Price Target on Lam Research to $385

Tickers: $LRCX

Topics: AI demand B. Riley Lam Research Semiconductor Industry

Read the full article at Yahoo Finance

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