Berenberg Maintains Buy on KLA, Raises Price Target to $690
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Tammy Qiu has reaffirmed a Buy rating on KLA Corporation (NASDAQ:KLAC) and increased the price target from $670 to $690.
January 26, 2024 | 10:43 am
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POSITIVE IMPACT
Berenberg analyst Tammy Qiu maintains a Buy rating on KLA and raises the price target from $670 to $690, indicating a positive outlook on the stock.
The increase in price target by Berenberg suggests a strong conviction in KLA's future performance, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100