LRCXD.BA is trading 4.4% up at $7.61 following bullish analyst updates and strong demand for semiconductor equipment.
- Bank of America raised its price target for Lam Research to $480, while Cantor Fitzgerald lifted its target to $500, citing upgraded industry forecasts.
- Analysts highlighted robust AI-driven demand for the company's semiconductor manufacturing tools as a primary growth driver.
- The Buenos Aires-listed DRC is benefiting from a broader rally in technology stocks, with major indices trending higher on June 29, 2026.