KLA stock slides despite a new $1,800 target as tariff jitters hit tech ahead of earnings
KLA Corp shares fell 2.5% to $1,528.19 Tuesday, despite price target hikes from Needham and UBS. The drop followed a spike in market volatility after new tariff threats. KLA will report fiscal Q2 results after markets close Jan. 29. Investors are focused on guidance amid shifting sentiment in chip stocks.