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KLA Corp. price target raised to $1,000 from $900 at BofA

BofA raised the firm’s price target on KLA Corp. (KLAC) to $1,000 from $900 and keeps a Buy rating on the shares after the company reported June quarter sales and pro-forma EPS results above the Street view and guided September quarter results ahead of consensus as well. Following the report, the firm raised its calendar year 2025 and 2026 EPS estimates by 5% and 4%, respectively.

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