Bernstein analyst Stacy Rasgon raised the firm’s price target on KLA Corp. (KLAC) to $1,750 from $1,700 and keeps an Outperform rating on the shares. The firm notes KLA Q2 results posted a beat with in-line product and services upside. Product sales grew about 2% quarter-over-quarter and 4% year-over-year; Services grew 6% quarter-over-quarter and 18% year-over-year.
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