On June 30, Lam Research rose 3.44% in regular trading, trading at $422.67/share, with turnover of $405 million, extending a post-selloff recovery trajectory.

On the news front, Susquehanna significantly raised its price target on Lam Research from $385 to $475, maintaining a Positive rating. This follows a series of bullish revisions from major investment banks: BofA Securities raised its target from $330 to $480, Wells Fargo adjusted to $450 from $320, Citi raised to $450, and Rothschild & Co lifted to $420 from $305. The consensus among institutions points to DRAM supply tightness driving structural NAND demand growth, with the industry upcycle potentially extending further. The current share price remains below the median target of major banks, supporting continued valuation recovery.

Within the Semiconductor Equipment sector, Applied Materials rose 2.0%, ASML Holding NV rose 2.75%, KLA-Tencor rose 2.55%, Enphase Energy rose 1.05%, and Teradyne fell 0.03%, reflecting broad sector momentum reinforcing the rebound.

(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.)