Corient Private Wealth LLC Raises Position in Lam Research Corporation $LRCX

Corient Private Wealth LLC significantly increased its stake in Lam Research Corporation (NASDAQ: LRCX) by 235.5% in the fourth quarter, now holding over 5.1 million shares valued at approximately $890 million. Wall Street analysts maintain a "Moderate Buy" rating, with a consensus target price of $333.62, supported by recent positive earnings and revenue beats, as well as an announced quarterly dividend. The semiconductor company also received multiple price target increases from brokerages, reinforcing bullish expectations.