BofA raised the firm’s price target on KLA Corp. (KLAC) to $900 from $840 and keeps a Buy rating on the shares. Revenue and pro-forma EPS beat in the December quarter by 5% and 6%, respectively, and in March quarter guidance by 4% and 7%, notes the analyst, who raised the firm’s calendar year 2025 and 2026 pro-forma EPS estimates by 4% and 3%, respectively.
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