Wells Fargo Maintains Overweight on KLA, Raises Price Target to $760
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi has maintained an Overweight rating on KLA Corporation (KLAC) and increased the price target from $750 to $760.
March 19, 2024 | 10:52 am
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on KLA Corporation and raised the price target from $750 to $760.
The increase in the price target by a reputable analyst such as Joseph Quatrochi from Wells Fargo is a strong positive signal for KLA Corporation. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100