Mutual of America Capital Management LLC has acquired 183,560 shares of
Lam Research Corporation (LRCX). This comes as
Argus Research kept a Buy Rating on the firm, raising its Price Target (PT) after a strong Q2 performance.
LRCX beat Q4 expectations and issued an upbeat outlook, causing their stock to surge by 5.6%.
Invesco Ltd and
WealthPlan Investment Management LLC, among others, bought shares, while entities like
Deutsche Bank AG and
Scotia Capital Inc sold shares. LRCX has reported strong financial results for the quarter ended June 29, 2025. The stock fluctuated, occasionally trading higher or lower, but its robust performance led to an analyst upgrade and a surge of 3.07%. Various financial institutions and banks have adjusted their holdings in
LRCX, while others have initiated new investments in the firm. The Bull Case theory suggests a promising trajectory for
LRCX.
Goldman Sachs set its position in LRCX at $693.32 Million and launched coverage on the stock, confirming a Buy rating. Finally,
Lam Research Corporation announced its Q4 earnings, beating expectations with a former outlook of optimism.
Lam Research Corp LRCX News Analytics from Wed, 14 May 2025 07:00:00 GMT to Sat, 09 Aug 2025 22:20:55 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -2
