KLA Corp. price target raised to $1,751 from $1,697 at Morgan Stanley

Morgan Stanley raised the firm’s price target on KLA Corp. (KLAC) to $1,751 from $1,697 and keeps an Overweight rating on the shares. KLA’s earnings were “not a major surprise,” but shares were down post-market, driven by the company’s FY26 WFE market growth outlook of low-double digits including advanced packaging, which is below Lam Research’s […]