KLA Corporation Stock (KLAC) News and Forecasts on Dec. 22, 2025: Analyst Upgrades, AI Capex Tailwinds, and China Risk
KLA shares rose after Jefferies upgraded the stock to “Buy” and raised its price target to $1,500, citing strong AI-driven demand for semiconductor equipment. Multiple analysts highlighted KLA as a top pick for 2026, pointing to increased process-control needs in advanced chip manufacturing. Investors remain cautious about the company’s exposure to China and U.S. export controls.