Lam Research (LRCX) option implied volatility as share price up

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Wells Fargo Reiterates Equal Weight Rating on Lam Research (LRCX)

May 22, 2024 5:13 AM EDT

Wells Fargo analyst Joseph Quatrochi reiterated an Equal Weight rating and $980.00 price target on Lam Research (NASDAQ: LRCX)

The analyst comments "Lam Research announced that it has authorized an additional $10 billion for share repurchases (no expiry). The company notes that this new authorization supplements the remaining balance of its prior $1.06 billion... More