Companies in the Technology sector have received a lot of coverage today as analysts weigh in on DXC Technology (DXC – Research Report) and KLA (KLAC – Research Report).
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KLA (KLAC)
KLA received a Buy rating and a $1800.00 price target from TD Cowen analyst Krish Sankar on January 12. The company’s shares closed last Friday at $1427.94.
According to TipRanks.com, Sankar is a top 100 analyst with an average return of 36.3% and a 65.8% success rate. Sankar covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, SkyWater Technology, and Silvaco Group, Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KLA with a $1725.80 average price target, which is a 12.1% upside from current levels. In a report issued on January 13, Bernstein also initiated coverage with a Buy rating on the stock with a $1700.00 price target.
