UBS Maintains Neutral on KLA, Lowers Price Target to $765
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri has maintained a Neutral rating on KLA (NASDAQ:KLAC) but has lowered the price target from $900 to $765.
September 12, 2024 | 3:25 pm
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UBS analyst Timothy Arcuri has maintained a Neutral rating on KLA but lowered the price target from $900 to $765, indicating a less optimistic outlook.
The lowering of the price target from $900 to $765 by UBS suggests a less optimistic view on KLA's future performance, which could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100