KLA beats Q3 revenue and EPS estimates, raises dividend and adds $7B stock buyback authorization

KLA Corporation rated Strong Buy with $313 target, 40% upside on semiconductor market dominance.

KLA Corporation is rated a Strong Buy with a price target of $313, implying a 40% upside from its current price of $222. The company holds a dominant 58% share in semiconductor process control, a critical area as chip manufacturing becomes more compl...