KLA (KLAC) Gets a Buy Rating from Susquehanna

Susquehanna analyst Mehdi Hosseini reiterated a Buy rating on KLA (KLACResearch Report) yesterday and set a price target of $445.00. The company’s shares closed last Thursday at $310.40, close to its 52-week low of $287.44.

According to, Hosseini is a 5-star analyst with an average return of 9.3% and a 51.5% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on KLA is a Moderate Buy with an average price target of $423.86, representing a 32.8% upside. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $400.00 price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $457.12 and a one-year low of $287.44. Currently, KLA has an average volume of 1.32M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

KLA Corp. is a California-based company, which is engaged in the supply of process control and yield management solutions for the semiconductor and related nano-electronics industries. Its products include manufactured chips, reticle, packaging, surface profilers, nanochemical testers, compound semiconductors and wafer processing solutions.

Read More on KLAC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More