CCantor KKLA · KLAC
Cantor Fitzgerald Raises KLA Price Target to $325
Rating
Buy
Price target
$325
Previous
$250
Implied upside
+31%
Cantor Fitzgerald analyst C.J.
Muse raised the price target on KLA Corporation (NASDAQ: KLAC) to $325.00 (from $250.00) while maintaining an Overweight rating.
“In Semi Equipment, we see the most EPS upside from ASML.
Considering being a significant underperformer, we see a meaningful catch-up trade here.
We do continue to like LRCX, AMAT, and KLAC, but we see more limited upside to EPS here (we could see modest relative underperformance here through earnings like we did last earnings season).”
Disclaimer
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.
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.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
