Oppenheimer raised the firm’s price target on KLA Corp. (KLAC) to $1,000 from $950 and keeps an Outperform rating on the shares. The firm notes KLA delivered another solid double beat in June, with revenue/EPS 3%/6% above guidance, and strong Q1 2026 forecasts 3%/4% above consensus. Growth was driven by AI and N2 logic demand, rising process control intensity, and continued share gains in advanced packaging.
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Read More on KLAC:
- KLA Corp. price target raised to $1,000 from $900 at BofA
- 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