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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Read More on KLAC:
- KLA Corp. price target raised to $950 from $850 at Raymond James
- KLA Corp. price target raised to $928 from $916 at Morgan Stanley
- KLA’s Promising Growth Outlook for 2026 Balanced by Risks and Uncertainties Leading to Hold Rating
- KLA Corp. price target raised to $1,070 from $900 at JPMorgan
- KLA’s Strategic Positioning and Growth Prospects Drive Optimistic Outlook Amid Market Leadership