KLA Corporation shares are trading higher amid strength in chip stocks. The stock rose Monday following a PT raise from Wells Fargo.
Portfolio Pulse from Benzinga Newsdesk
KLA Corporation shares are trading higher due to strength in chip stocks and a price target raise from Wells Fargo.
June 18, 2024 | 4:37 pm
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KLA Corporation shares are trading higher due to strength in chip stocks and a price target raise from Wells Fargo.
The combination of positive sentiment in the chip sector and a price target raise from a major financial institution like Wells Fargo is likely to drive KLA Corporation's stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100