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Market Impact: 0.18

2 Chip Stocks Driving Today's Rally With Lofty Bull Notes

Analyst InsightsCompany FundamentalsMarket Technicals & FlowsTechnology & Innovation
2 Chip Stocks Driving Today's Rally With Lofty Bull Notes

Goldman Sachs raised its price targets—Lam Research (LRCX) to $380 and Applied Materials (AMAT) to $645—supporting a semiconductor and memory stock rally. The update is a positive analyst catalyst, likely providing modest near-term upside momentum for both names.

Analysis

Goldman Sachs raised its price targets—Lam Research (LRCX) to $380 and Applied Materials (AMAT) to $645—supporting a semiconductor and memory stock rally. The update is a positive analyst catalyst, likely providing modest near-term upside momentum for both names.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

AMAT0.50
GS