Barclays analyst Tom O’Malley raised the firm’s price target on KLA Corp. (KLAC) to $760 from $700 and keeps an Equal Weight rating on the shares following the earnings report. The firm says another semi cap name highlighted near term NAND strength and full year growth above market.
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 $850 from $725 at Deutsche Bank
- KLA Corporation Reports Record Revenue Growth in 2024
- Closing Bell Movers: Atlassian up 19%, Apple gains 3% after results
- KLA Corp. reports Q2 adjusted EPS $8.20, consensus $7.76
- KLA Corp. sees Q3 adjusted EPS $8.05 +/- 60c, consensus $7.47