KLA Corp. price target lowered to $750 from $890 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on KLA Corp. (KLAC) to $750 from $890 and keeps a Buy rating on the shares. KLA delivered a “solid beat and raise” quarter, and more importantly maintained its optimistic tone regarding the health of leading-edge wafer fab spending into 2025, the analyst tells investors in a research note.