Wells Fargo Raises Price Target on Lam Research to $450
On June 22, 2026, Wells Fargo analyst Joe Quatrochi raised the price target for Lam Research (NASDAQ:LRCX) from $365 to $450 and maintained an Overweight rating. The firm expects continued strong performance in semiconductor capital equipment companies during Q2.
Topics: Citi Lam Research Oppenheimer Semiconductor Equipment Wells Fargo