Wells Fargo Maintains Overweight on KLA, Raises Price Target to $705
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi has maintained an Overweight rating on KLA Corporation (NASDAQ:KLAC) and increased the price target from $670 to $705.
January 26, 2024 | 2:20 pm
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POSITIVE IMPACT
Wells Fargo analyst Joseph Quatrochi maintains an Overweight rating on KLA and raises the price target from $670 to $705, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a bullish outlook on KLA, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100