KLA Corp. price target raised to $2,100 from $1,900 at Wells Fargo

Wells Fargo analyst Joe Quatrochi raised the firm’s price target on KLA Corp. (KLAC) to $2,100 from $1,900 and keeps an Overweight rating on the shares. The firm says KLA’s recent share outperformance since its analyst day created a tough EPS setup and likely required a larger beat / raise. That said, Wells is a buyer on weakness as it again raised estimates on stronger outlook for 2026 and 2027.