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Stock impact report

KLA (KLAC) is “Terrific,” Says Jim Cramer [Yahoo! Finance]

KLA Corporation (KLAC) 
Last kla corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.kla-tencor.com/investor-relations
Company Research Source: Yahoo! Finance
KLA Corporation (NASDAQ:KLAC) is a semiconductor manufacturing equipment and services provider. Its shares are up by 117% over the past year and by 22% year-to-date. Investment bank Morgan Stanley has started the year on a strong note for the firm as it has upgraded KLA Corporation (NASDAQ:KLAC)'s shares to Overweight from Equalweight and bumped the stock price target to $1,694 from $1,214. The investment bank pointed out that the firm can grow its revenue by 16% and 19% in 2026 and 2027, respectively. TD Cowen also upgraded the shares in January as it raised the price target to $1,800 from $1,300 and bumped the rating to Buy from Hold. TD Cowen based its optimism on foundry spending, particularly in the leading-edge sector. In his previous comment about KLA Corporation (NASDAQ:KLAC), Cramer tied the aggressive demand for the firm's products to the hot data center market and commented that there isn't enough production capacity to meet the demand for high-end chips. In this appearanc Show less Read more
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