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KLA Corp. price target raised to $928 from $916 at Morgan Stanley

Morgan Stanley raised the firm’s price target on KLA Corp. (KLAC) to $928 from $916 and keeps an Overweight rating on the shares. KLA’s secular growth story stands out amid increased 2026 wafer fab equipment uncertainty, says the analyst, who has gained more confidence in KLA’s 2026 drivers, including further TSMC (TSM) and DRAM share gains.

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