B of A Securities Maintains Buy on KLA, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on KLA (NASDAQ:KLAC) and raises the price target from $740 to $850.
March 14, 2024 | 3:37 pm
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POSITIVE IMPACT
B of A Securities has maintained a Buy rating on KLA and increased the price target from $740 to $850.
The upgrade in the price target by a reputable analyst like Vivek Arya from B of A Securities suggests a strong confidence in KLA's future performance. This is likely to instill positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100