TD Cowen analyst Krish Sankar raised the firm’s price target on KLA Corp. (KLAC) to $770 from $725 and keeps a Hold rating on the shares. The firm said its results and guidance came in above expectations. China is expected to be mostly derisked as early as CQ1. Process Control intensity seems to be trending above expectations in GAA 2nm.
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Read More on KLAC:
- KLA Corp. price target raised to $875 from $800 at Cantor Fitzgerald
- KLA Corp. price target raised to $900 from $840 at BofA
- KLA Corp. price target raised to $870 from $795 at Wells Fargo
- KLA Corp. price target raised to $760 from $700 at Barclays
- KLA Corp. price target raised to $850 from $725 at Deutsche Bank
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