KLA forecasts quarterly revenue above estimates as AI boosts demand for chipmaking tools
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BofA Securities Reiterates Buy Rating on KLA Corporation (KLAC)
October 31, 2024 6:48 AM EDTBofA Securities analyst Vivek Arya reiterated a Buy rating and $860.00 price target on KLA Corporation (NASDAQ: KLAC).
The analyst comments "We reiterate our Buy rating on top semicap pick KLAC, outsized leading-edge foundry/logic spend and rising process control beneficiary, where a solid beat and raise along with constructive comments on CY25 WFE suggest core secular growth... More
KLA Corporation (KLAC) PT Lowered to $800 at Stifel
October 31, 2024 6:47 AM EDTStifel analyst Brian Chin lowered the price target on KLA Corporation (NASDAQ: KLAC) to $800.00 (from $875.00) while maintaining a Buy rating.
The analyst comments "KLA delivered solid F1Q(Sept) results above ours/consensus estimates, paced by continued strength in Foundry-Logic (+11% QQ, +50% YY).... More
