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Citi gives Lam a target boost

|About: Lam Research Corporation (LRCX)|By:, SA News Editor

Citi maintains a Buy rating on Lam Research (LRCX -0.8%) and raises the target from $282 to $300.

Two weeks ago, Lam Research reported Q1 results that met on revenue, beat on EPS, and included upside Q2 guidance.

Lam shares are down 1% in the past week, up 19% in the month, and up 104% YTD.

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