KLA Corporation (KLAC) has been a noteworthy player in recent market activities. There have been movements in the company’s stock, including dips and rises in relation to broader market performance. KLAC recently experienced a surge and crossed above the
20-Day Moving Average.
Raymond James reportedly upped KLAC's price target to $875.00 while simultaneously reiterating an
outperform rating. Among the considerable holders of KLAC shares are
Pinebridge Investments L.P. and
Thematics Asset Management.
Cibc World Markets Corp and
Clal Insurance Enterprises Holdings Ltd recently increased their holdings. Growth of
43% CAGR over the last five years is noted among KLAC shareholders. The corporation reported a strong Q3 FY2024, with revenue surpassing forecasts aligning with EPS Projections.
KLA's Q3 earnings and revenues beat expectations, leading to new and optimistic analysts' forecasts. KLAC’s revenue projections have been driven by AI fuelling chip demand. The company has a favourable standing, with most of its shares owned by institutional shareholders who control 88% of the company.
Kla Corporation KLAC News Analytics from Mon, 21 Aug 2023 07:00:00 GMT to Sun, 09 Jun 2024 18:13:14 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -3
