KLA Corp. price target raised to $1,630 from $1,560 at Deutsche Bank

Deutsche Bank raised the firm’s price target on KLA Corp. (KLAC) to $1,630 from $1,560 and keeps a Hold rating on the shares. While KLA’s near-term results were solid, its 2026 wafter fab equipment outlook of “only” high-single- to low-double digit growth year-over-year failed to meet a high investor bar, the analyst tells investors in a research note.