🟢 KLA Corporation is trading 5.25% up today after Cantor Fitzgerald raises price target to $2,500

KLA Corporation is trading 5.25% up today at $2,251.74 after a significant analyst upgrade.

• The primary catalyst is a price target increase from Cantor Fitzgerald, which raised its target to $2,500 from $2,000, citing strong spending in the semiconductor sector.
• Positive sentiment is also supported by recent company actions, including a 10-for-1 stock split (effective June 12) and a dividend increase that were announced in May.