UBS Maintains Neutral on KLA, Raises Price Target to $475
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Timothy Arcuri maintains a Neutral rating on KLA (NASDAQ:KLAC) and raises the price target from $400 to $475.

May 31, 2023 | 12:24 pm
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NEUTRAL IMPACT
UBS analyst Timothy Arcuri maintains a Neutral rating on KLA and raises the price target from $400 to $475.
The news of UBS maintaining a Neutral rating on KLA and raising the price target from $400 to $475 is directly related to KLA's stock. However, since the rating remains Neutral, the short-term impact on the stock price is expected to be neutral as well. The importance is high as it comes from a reputable analyst, and the confidence in the analysis is also high.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100