KLA Falls After Earnings: Raised Guidance Fails To Impress Wall Street
KLAC stock tanks after Q4 report. Needham keeps buy rating with $270 PT, Cantor Fitzgerald reiterates overweight rating with $325 PT.
KLA reported better results and promised even better things ahead, but investors weren't excited anyway—sometimes good news doesn't make a stock price go up right away. When you see this happen, it's worth noticing whether the company's real business is actually getting stronger, even if the stock dips.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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