On June 25, Lam Research rose 4.37% in after-hours trading, trading at approximately $390.00/share, with turnover of $326 million. The stock rebounded following a sharp selloff in the prior session, supported by a wave of investment bank target price upgrades and broader sector recovery.

On the news front, multiple Wall Street firms have recently raised their price targets on Lam Research. Bank of America lifted its target from $330 to $480, Wells Fargo raised its target from $320 to $450 maintaining an outperform rating, Citi set a $450 target while updating its global wafer fabrication equipment market forecast to $250 billion by 2028, and Rothschild&Co Redburn raised its target from $305 to $420 with a buy rating. The consensus has shifted decisively bullish, with structural NAND demand growth driven by DRAM supply tightness cited as a key catalyst for an extended industry upcycle.

At the sector level, semiconductor equipment stocks broadly strengthened, with AXT Inc up 4.08%, Applied Materials up 3.65%, ASML up 2.64%, KLA-Tencor up 2.36%, and Teradyne up 2.27%, reflecting a technical rebound following the previous session's significant pullback.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)