KLA Corp. price target lowered to $750 from $800 at Barclays

Barclays analyst Tom O’Malley lowered the firm’s price target on KLA Corp. (KLAC) to $750 from $800 and keeps an Equal Weight rating on the shares following the earnings report. The firm says China is “finally coming out of the model, so the onus is on the Leading-edge to navigate a successful hand-off to support above market growth” in 2025.