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.