KLA's Q1 earnings exceeded estimates and multiple analysts raised its price targets.
KLA's stock received an "outperform" rating from Raymond James with a $750 price target, while Barclays raised its price target to $630. Analysts from various firms, including Wells Fargo, Cantor Fitzgerald, and JPMorgan Chase, have also provided positive ratings and price target updates for the semiconductor company. KLA reported Q1 earnings of $5.26 EPS, beating the consensus estimate by $0.32.
April 26, 2024
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