• KLA Corp. (KLAC) surged 5.10% to $261.32 today, fueled by a broader tech rebound and positive semiconductor sentiment.
  • Cantor Fitzgerald raised its price target for KLAC to $325 from $250, maintaining an "Overweight" rating, citing a strong equipment outlook and an AI-driven equipment upcycle.
  • The move also follows a sharp increase in reported short interest in June, suggesting short-squeeze potential, and sustained trading interest after last week's stock split and dividend announcements.