Lam Research Stock Surges on Morgan Stanley's Price Target Hike
Update: 2025-12-08
Description
Lam Researchs stock surged by 1.6% following Morgan Stanleys price target increase to $158, reflecting a bullish outlook on the Wafer Fab Equipment market, projected to reach $145 billion by 2027. Despite volatility, Lam Researchs shares have soared 123% this year, nearing its 52-week high of $166.37.
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