Goldman Sachs raised the firm’s price target on KLA Corp. (KLAC) to $1,280 from $1,120 and keeps a Neutral rating on the shares. Goldman expects the stock to be range-bound following a quarter and guidance that were slightly ahead of the Street, the analyst tells investors in a research note. KLA’s constructive commentary on the prospects for both WFE industry and company growth in 2026 are encouraging, but valuation is relatively full, the firm says.
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Read More on KLAC:
- KLA Corp. price target raised to $1,260 from $1,050 at Stifel
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