JP Morgan: KLA Corporation (klac) Could More Than Triple Its Earnings by 2030

KLA Corporation (NASDAQ:KLAC) is one of the 10 Best High-Bandwidth Memory (HBM4) Value Chain Stocks to Buy According to Hedge Funds. On June 9, UBS analyst Timothy Arcuri raised the firm’s price target on KLA Corporation (NASDAQ:KLAC) from $1770 to $2180 while keeping a Ne

KLA Corporation (NASDAQ:KLAC) is one of the 10 Best High-Bandwidth Memory (HBM4) Value Chain Stocks to Buy According to Hedge Funds.

On June 9, UBS analyst Timothy Arcuri raised the firm’s price target on KLA Corporation (NASDAQ:KLAC) from $1770 to $2180 while keeping a Neutral rating

The upwardly revised price target suggests a further 1.9% upside from current levels. KLA Corporation (NASDAQ:KLAC) began June on a positive note. On June 1, J.P.

Morgan said that it sees strong long-term growth potential for the company and believes it could earn $95 per share by 2030. According to the firm, KLAC is benefiting from the rising demand for process control tools. This segment of the semiconductor equipment market is expanding at a faster pace than the broader industry.

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