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KLA Corp. price target raised to $950 from $850 at Raymond James

Raymond James analyst Srini Pajjuri raised the firm’s price target on KLA Corp. (KLAC) to $950 from $850 and keeps an Outperform rating on the shares. KLA Corp.’s Q4 results and Q1 outlook were both better than consensus, driven by strong growth in HBM, advanced logic, and a recovery in China, the analyst tells investors in a research note.

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