Citigroup Maintains Buy on KLA, Lowers Price Target to $960
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on KLA (NASDAQ:KLAC) but lowers the price target from $990 to $960.

August 05, 2024 | 12:11 pm
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NEUTRAL IMPACT
Citigroup analyst Atif Malik maintains a Buy rating on KLA but lowers the price target from $990 to $960.
The maintained Buy rating suggests continued confidence in KLA's performance, but the lowered price target indicates some caution about its near-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100