Cantor Fitzgerald raised the firm’s price target on KLA Corp. (KLAC) to $950 from $800 and keeps an Overweight rating on the shares. Cantor’s most recent industry checks point to modestly better Wafer Fab Equipment in calendar 2025, led by domestic China coupled with improving visibility to CY26 being another growth year, the analyst tells investors in a research note. The firm sees consensus estimates generally moving higher for the group, immune from tariff-related pull-in concerns, and China regulatory fears overblown.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 $950 from $740 at Oppenheimer
- KLA’s Dominance and Growth Potential Justify Buy Rating with $900 Price Target
- KLA’s Promising Long-term Growth Amid Short-term Challenges: A Buy Recommendation by Shane Brett CFA
- KLA Corp. downgraded to Hold from Buy at Deutsche Bank
- KLA Corp. price target raised to $900 from $880 at Berenberg