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Barclays Sticks to Its Hold Rating for KLA (KLAC)

Barclays Sticks to Its Hold Rating for KLA (KLAC)

Barclays analyst Thomas O’Malley maintained a Hold rating on KLA today and set a price target of $750.00. The company’s shares closed yesterday at $879.03.

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According to TipRanks, O’Malley is a 5-star analyst with an average return of 19.7% and a 61.19% success rate. O’Malley covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Applied Materials, and Skyworks Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KLA with a $900.43 average price target, representing a 2.43% upside. In a report released today, TD Cowen also maintained a Hold rating on the stock with a $900.00 price target.

The company has a one-year high of $945.87 and a one-year low of $551.33. Currently, KLA has an average volume of 1.11M.

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