Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Lam Research (LRCX – Research Report) and Friedrich Vorwerk Group SE (FDVWF – Research Report).
Lam Research (LRCX)
In a report issued on February 3, Tammy Qiu from Berenberg Bank maintained a Buy rating on Lam Research, with a price target of $530.00. The company’s shares closed last Monday at $520.95.
Qiu has an average return of
According to TipRanks.com, Qiu is ranked #479 out of 8328 analysts.
Currently, the analyst consensus on Lam Research is a Moderate Buy with an average price target of $521.97, implying a 0.0% upside from current levels. In a report issued on January 25, Mizuho Securities also maintained a Buy rating on the stock with a $525.00 price target.
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Friedrich Vorwerk Group SE (FDVWF)
In a report released yesterday, Lasse Stueben from Berenberg Bank downgraded Friedrich Vorwerk Group SE to Hold, with a price target of EUR14.00.
According to TipRanks.com, Stueben is ranked #1792 out of 8328 analysts.
Currently, the analyst consensus on Friedrich Vorwerk Group SE is a Hold with an average price target of $15.10.
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Read More on LRCX:
- Citi opens ‘positive catalyst watch’ on Lam Research
- Lam Research price target raised to $470 from $410 at Wells Fargo
- Lam Research price target raised to $550 from $404 at Morgan Stanley
- Lam Research price target raised to $525 from $500 at Mizuho
- Lam Research announces restructuring, 7% workforce reduction
