JPMorgan analyst Harlan Sur raised the firm’s price target on KLA Corp. (KLAC) to $1,950 from $1,485 and keeps an Overweight rating on the shares. The company reported “strong” results on solid trends in its core process control and services business, as demand for advanced-node technologies continues to strengthen, the analyst tells investors in a research note. JPMorgan upped estimates post the earnings print.
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- KLA Corp. price target raised to $1,850 from $1,650 at BofA
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