KLA stock sinks 5% in late-day slide; analysts lift targets ahead of Jan. 29 results
KLA shares fell 5.2% Tuesday to $1,486.18, underperforming chip-sector peers during a broad U.S. market selloff. Trading volume topped 1.7 million shares, above average. The drop comes days before KLA’s Jan. 29 earnings report, with analysts raising price targets despite the slide. The stock now sits about 6% below its Jan. 16 high.