Why Is Lam Research Stock Soaring Thursday?

Lam Research Corp. (NASDAQ:LRCX) stock rose Thursday, fueled by a strong wave of bullish analyst actions led by RBC Capital's initiation of coverage with an Outperform rating and a $260 price forecast.Adding to the momentum, Wells Fargo upgraded Lam Research to Overweight and raised its price target sharply from $145 to $250, signaling a meaningful shift in confidence around the stock's outlook.The rally comes as investors also look ahead to Lam Research's December-quarter financial conference call schedule ...