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Analysts Offer Insights on Technology Companies: ServiceNow (NOW) and Lam Research (LRCX)

Analysts have been eager to weigh in on the Technology sector with new ratings on ServiceNow (NOWResearch Report) and Lam Research (LRCXResearch Report).

Lam Research (LRCX)

In a report released today, Stacy Rasgon from Bernstein maintained a Hold rating on Lam Research, with a price target of $950.00. The company’s shares closed last Wednesday at $884.89.

According to TipRanks.com, Rasgon is a 5-star analyst with an average return of 21.6% and a 63.7% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Texas Instruments.

Currently, the analyst consensus on Lam Research is a Moderate Buy with an average price target of $1022.18, a 12.7% upside from current levels. In a report issued on April 11, Deutsche Bank also initiated coverage with a Hold rating on the stock with a $1000.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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