HSBC initiates Lam Research stock with Hold rating, $127 price target
NeutralFinancial Markets

HSBC has initiated coverage of Lam Research with a Hold rating and set a price target of $127. This move reflects HSBC's cautious stance on the semiconductor equipment manufacturer, indicating that while the company has potential, it may not be the best time to invest heavily. Investors should consider this rating as part of their broader strategy, especially in the context of market fluctuations and the tech sector's performance.
— Curated by the World Pulse Now AI Editorial System