Jefferies Assumes KLA at Buy, Raises Price Target to $820
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Blayne Curtis has initiated coverage on KLA (NASDAQ:KLAC) with a Buy rating and increased the price target to $820.
May 13, 2024 | 12:32 pm
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Jefferies analyst Blayne Curtis has given KLA a Buy rating and raised the price target to $820, indicating a positive outlook on the stock.
Analyst ratings and price target adjustments are significant indicators of a stock's future performance. A Buy rating combined with a raised price target usually signals a bullish outlook from the analyst, suggesting confidence in the company's future growth and financial performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
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