Bernstein raised the firm’s price target on KLA Corp. (KLAC) to $1,875 from $1,835 and keeps an Outperform rating on the shares. The firm says KLA’s Q3 results were solid with strong product sales that grew 5% quarter-over-quarter and 10% year-over-year.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KLAC:
- KLA Corp. price target raised to $2,000 from $1,950 at JPMorgan
- KLA Corp. price target raised to $1,900 from $1,809 at Morgan Stanley
- KLA Corp. price target raised to $1,700 from $1,600 at Susquehanna
- KLA Corp. price target raised to $2,100 from $1,900 at Wells Fargo
- KLA Corp. price target raised to $2,000 from $1,700 at Jefferies