Check Out What Whales Are Doing With KLAC
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on KLA Corporation (NASDAQ:KLAC), with 11 uncommon options trades spotted, 54% bullish and 45% bearish. Whales have been targeting a price range of $185 to $490 for KLA over the last 3 months. Wells Fargo maintains an Overweight rating with a $500 price target, while UBS maintains a Neutral rating with a $475 price target.
June 06, 2023 | 8:01 pm
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A large investor has taken a bullish stance on KLA Corporation, with 54% bullish and 45% bearish options trades. Wells Fargo maintains an Overweight rating with a $500 price target, while UBS maintains a Neutral rating with a $475 price target.
The large investor's bullish stance on KLA Corporation, along with the majority of bullish options trades, indicates a positive short-term impact on the stock price. Additionally, Wells Fargo's Overweight rating and $500 price target, as well as UBS's Neutral rating and $475 price target, support the likelihood of an upward price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100