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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KLAC:
- KLA’s Promising Growth Outlook for 2026 Balanced by Risks and Uncertainties Leading to Hold Rating
- KLA Corp. price target raised to $1,070 from $900 at JPMorgan
- KLA’s Strategic Positioning and Growth Prospects Drive Optimistic Outlook Amid Market Leadership
- KLA’s Promising Growth Prospects and Strategic Focus Justify Buy Rating
- KLA Corp. price target raised to $1,060 from $1,035 at Citi