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KLA (KLAC) Receives a Rating Update from a Top Analyst
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KLA (KLAC) Receives a Rating Update from a Top Analyst

Bank of America Securities analyst Vivek Arya maintained a Buy rating on KLA (KLACResearch Report) today. The company’s shares opened today at $635.35.

Arya covers the Technology sector, focusing on stocks such as Intel, Nvidia, and Marvell. According to TipRanks, Arya has an average return of 22.9% and a 66.40% success rate on recommended stocks.

In addition to Bank of America Securities, KLA also received a Buy from Stifel Nicolaus’s Brian Chin in a report issued on April 16. However, on April 9, Morgan Stanley maintained a Hold rating on KLA (NASDAQ: KLAC).

KLAC market cap is currently $84.95B and has a P/E ratio of 31.90.

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KLA (KLAC) Company Description:

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.

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