Lam Research Corporation
Short
Updated

LRCX exposure to China

The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!

This is a move that could have huge impact on American companies.

30% of LRCX Lam Research Corporation revenue comes from China.

My price target for LRCX, considering the gap as well, is $385, but the buy area is even lower, around $345 i think.

Looking forward to read your opinion about this.
Trade closed: target reached
Price Target reached!

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