Semiconductor equipment maker Kla sees rating cut at Wells Fargo

4 hours ago 1

Tech

Business on Wall Street in Manhattan

Wells Fargo downgraded semiconductor equipment maker Kla (NASDAQ:KLAC) to Equal Weight from Overweight.

However, the firm increased the price target on the stock to $920 from $870.

Shares of Kla dipped about 1% premarket on Tuesday.

Analysts led by Joe

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