KLA Stock (KLAC) Surges on Jefferies Upgrade: Latest News, Analyst Targets, Earnings Guidance and 2026 Outlook
December 15, 2025 — KLA Corporation (NASDAQ: KLAC) is back in the spotlight after a notable Wall Street upgrade pushed KLA stock higher in Monday trading, extending a powerful 2025 run for the semiconductor equipment leader. By midday, shares were trading around $1,239, up roughly 3.8% on the session, after moving between about $1,212 and $1,254 intraday. Investing.com The immediate catalyst: Jefferies upgraded KLA to “Buy” from “Hold” and lifted its price target to $1,500, arguing that the next phase of AI-driven spending will accelerate demand for leading-edge wafer manufacturing and advanced packaging tools—exactly where KLA has deep exposure. TradingView+1