KLA Corp. price target raised to $960 from $775 at UBS

UBS analyst Timothy Arcuri raised the firm’s price target on KLA Corp. (KLAC) to $960 from $775 and keeps a Neutral rating on the shares. The firm sees Q4 revenue broadly in line with the midpoint of guidance and expects Q1 guidance in the $3B range or slightly higher, the analyst tells investors in a research note.