KLA (KLAC) shares rose 8.3% in recent Thursday trading after Morgan Stanley and Wells Fargo upgraded the stock to overweight from equal weight.
Morgan Stanley raised its price target to $1,697 from $1,214, while Wells Fargo boosted its target to $1,600 from $1,250.
Intraday volume topped 1.09 million shares, compared with the daily average of 972,266.
Price: 1553.79, Change: +119.29, Percent Change: +8.32