Barclays analyst Tom O’Malley raised the firm’s price target on KLA Corp. (KLAC) to $760 from $700 and keeps an Equal Weight rating on the shares following the earnings report. The firm says another semi cap name highlighted near term NAND strength and full year growth above market.
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Read More on KLAC:
- KLA Corp. price target raised to $850 from $725 at Deutsche Bank
- KLA Corporation Reports Record Revenue Growth in 2024
- Closing Bell Movers: Atlassian up 19%, Apple gains 3% after results
- KLA Corp. reports Q2 adjusted EPS $8.20, consensus $7.76
- KLA Corp. sees Q3 adjusted EPS $8.05 +/- 60c, consensus $7.47