share_log

DBS Maintains KLA Corp(KLAC.US) With Buy Rating

Futu News ·  Nov 2 08:31  · Ratings

DBS analyst Amanda Tan maintains $KLA Corp (KLAC.US)$ with a buy rating.

According to TipRanks data, the analyst has a success rate of 34.5% and a total average return of -1.1% over the past year.

AnalystRecentRatingAutoNews_203003_20241101_8b33034736b71c1555e47bc173e631e63845eb5e_1730543417183154_nn_en

Furthermore, according to the comprehensive report, the opinions of $KLA Corp (KLAC.US)$'s main analysts recently are as follows:

  • Concerns regarding KLA Corp's future performance have been adjusted with the expectation that the leading-edge will need to effectively manage a transition to sustain growth above the market average by 2025, especially as China's influence on the model diminishes.

  • KLA Corp. experienced a significant quarter, outperforming expectations and presenting an even stronger outlook. The company continues to express a positive view on the future of leading-edge wafer fabrication expenditure extending into 2025.

  • KLA Corp. experienced another quarter of surpassing expectations and raising forecasts, bolstered by robust foundry/logic expenditure at the 2nm/3nm nodes and a surge in services demand, resulting in a significant second-half growth compared to the first half.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment