TTD Cowen KKLA · KLAC
TD Cowen Upgrades KLA to Buy
Rating
Buy
Price target
$1,800
Previous
$1,300
Implied upside
+1160%
TD Cowen analyst Krish Sankar upgraded KLA Corporation (NASDAQ: KLAC) from Hold to Buy with a price target of $1,800.00 (from $1,300.00).
“With attention centered on memory WFE amid rising DRAM/NAND pricing, our updated WFE work points to leading-edge foundry as the fastest-growing pocket of spend on a CY26-27 CAGR basis (20% Vs 15% for memory), lead by TSMC (& Samsung foundry based on their TSLA execution).
We are upgrading KLAC from Hold to Buy & increasing our PT to $1,800 (36x our new CY27 estimates of ~$50, vs Street’s $44).”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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