KLA Co. reported strong earnings, raising its dividend and boosting stock to a "Moderate Buy" rating.

KLA Co., a semiconductor firm, reported strong third-quarter earnings of $7.33 per share, beating analyst forecasts. The company increased its institutional ownership significantly and raised its quarterly dividend to $1.70 per share. Despite mixed analyst opinions, KLA's stock has garnered a "Moderate Buy" consensus rating with a target price of $802.90.

November 16, 2024
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