KLA Corp. price target raised to $875 from $800 at Cantor Fitzgerald

Cantor Fitzgerald analyst C.J. Muse raised the firm’s price target on KLA Corp. (KLAC) to $875 from $800 and keeps a Neutral rating on the shares. KLA offered a strong beat and raise for the December and March quarters following reports from other semi cap peers, and the cut that many had expected did not materialize, the analyst tells investors in a research note.