KLA Gets $270 Price Target—TSMC Seen as Key for Stock
KLA Corporation finished Friday at $231.52, up 0.9% on the day. Stifel kept its Buy rating, sticking with a $270 target. Even so, the stock closed 1.7% under its July 2 finish and is 23.3% below its June 30 level. That's a steeper drop than other big U.S. chip-equipment names.