KLA Corp. price target lowered to $1,700 from $1,850 at Jefferies

NodeGuardian · 2026-03-14T21:24:20+00:00

Jefferies analyst Blayne Curtis reduced KLA Corp.'s price target to $1,700 but maintained a Buy rating, citing a positive outlook for revenue growth and increased capital intensity, alongside a new $7 billion share repurchase program and a higher quarterly dividend.

NodeGuardian

2026-03-14 21:24:20

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Jefferies analyst Blayne Curtis has lowered the price target for KLA Corp. (KLAC) to $1,700 from $1,850, while maintaining a Buy rating on the shares. The firm remains optimistic about KLA’s improved near-term outlook and its 2030 targets, which project increased capital intensity and market share leading to $26 billion in revenue and $84 EPS. KLA Corp. also recently announced a new $7 billion share repurchase program and increased its quarterly dividend to $2.30 per share.

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