Lam Research stock (LRCX) jumps on Mizuho target hike — what to watch into Monday and the week ahead
Shares of Lam Research surged 8.7% on Friday following Mizuho’s boost of its price target to $220 from $200. The PHLX semiconductor index climbed 2.7%, hitting a new high. “Investors are getting granular and picking the winners and losers,” said Zachary Hill, head of portfolio management at Horizon Investments.
