Wells Fargo Maintains Overweight on KLA, Raises Price Target to $805
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi has maintained an Overweight rating on KLA (NASDAQ:KLAC) and increased the price target from $760 to $805.
April 02, 2024 | 1:38 pm
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Wells Fargo has maintained an Overweight rating on KLA and raised the price target from $760 to $805.
The increase in price target by a reputable analyst like Joseph Quatrochi suggests a strong confidence in KLA's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in KLA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100