Key facts: Deutsche Bank upgraded Lam Research (LRCX) to 'Buy' and raised its price target from $100 to $150, driven by strong demand for memory and logic chips, boosting the stock by 3%.
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- Deutsche Bank upgraded Lam Research (LRCX) to 'Buy' and raised its price target from $100 to $150, driven by strong demand for memory and logic chips, boosting the stock by 3%.123
- Lam Research's wafer fabrication equipment outlook has improved due to favorable memory supply-demand conditions, increased momentum at second-tier foundries, and an updated outlook regarding China.4