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KLA Corporation's stock rating is upgraded to "buy" after strong earnings and revenue growth.
KLA Corporation, a semiconductor equipment maker, saw its stock rating upgraded to "buy" after exceeding earnings expectations, with a forecast of 31.59 EPS for the year.
The company's shares opened at $889.87, with a market cap of $117.68 billion.
KLA's recent performance includes a 35.5% year-over-year revenue increase to $3.06 billion and $8.41 EPS, surpassing estimates.
The company also has a history of share repurchases.
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La calificación de acciones de KLA Corporation se actualiza a "comprar" después de fuertes ganancias y crecimiento de ingresos.