Deutsche Bank Reiterates Buy Rating on KLA Corporation (KLAC)
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Go back to Deutsche Bank Reiterates Buy Rating on KLA Corporation (KLAC)
July 15, 2024 9:12 AM EDT
UBS analyst Timothy Arcuri raised the price target on KLA Corporation (NASDAQ: KLAC) to $900.00 (from $760.00) while maintaining a Neutral rating.... More
July 15, 2024 3:56 AM EDT
Citi analyst Atif Malik raised the price target on KLA Corporation (NASDAQ: KLAC) to $980.00 (from $760.00) while maintaining a Buy rating.... More
July 13, 2024 4:00 AM EDT
Thursday marked a challenging day for much of the tech sector, particularly semiconductors. The popular Philadelphia Semiconductor Index (SOX) dropped 350 basis points, with well-owned and favored stocks falling 4-6% without any significant events.
"No incremental and new negative newsflow or data points on the fundamental side of the equation to create a rush for the exits, a Mizuho analyst commented.
That is the good part," he added.
Mizuho believes that the market experienced a rotation into rate-sensitive winners as the lower consumer price index (CPI) report fueled speculation that the Federal Reserve might cut rates as early... More
