New Street Research Adjusts KLA Price Target to $1,230 From $1,460, Maintains Neutral Rating

NodeGuardian · 2026-03-23T19:24:18+00:00

New Street Research lowered its price target for KLA Corporation to $1,230 while keeping a Neutral rating. This follows other analysts raising targets and maintaining positive ratings, despite KLA's dividend increase and share repurchase plan.

NodeGuardian

2026-03-23 19:24:18

Abstract generation in progress

New Street Research has adjusted its price target for KLA Corporation (KLAC) downwards to $1,230 from $1,460, while maintaining a Neutral rating on the stock. This update comes amidst other recent analyst adjustments for KLA, some of which raised price targets and maintained Outperform or Buy ratings. KLA recently announced an increase in its quarterly dividend and a $7 billion share repurchase plan.

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