Morgan Stanley KLA · KLAC

Morgan Stanley Lowers KLA Price Target to $220

Analyst: Shane Brett 1 min read Reproduced verbatim
Rating
Overweight
Target
$220
from $227 (−3%)
Upside
+32%
KLAC at $167 today
Morgan Stanley and KLA logos

What the analyst said

Morgan Stanley analyst Shane Brett lowered the price target on KLA Corporation (NASDAQ: KLAC) to $220 (from $227) while maintaining an Overweight rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

KLAC trades at $167. The 11 analysts who set a target in the last 3 months range from $180 to $275, with a median of $220. This $220 target is in line with the median.

12-month window: day 0 of 365, closes on October 29, 2027.

Track record

This callOpen: a 12-month target, scored on October 29, 2027, a year after the note.

Firm track recordMorgan Stanley: 89% of its 38 targets at least a year old were reached within 12 months (#6 of 21 firms). Accuracy ranking →

Earnings reactionOne of 11 notes after KLA’s Oct 28 results: 1 raised · 10 cut · 0 kept. See every call →

Morgan Stanley on KLA

Morgan Stanley price targets on KLA

8 calls from January 30, 2026 to October 29, 2026. The target went from $175.10 to $220 (+26%). The rating stayed Buy.

Morgan Stanley targetKLAC share price
  1. October 29, 2026 This noteTarget cut from $227 (−3%)Buy$220
  2. October 6, 2026Target cut from $253 (−10%)Buy$227
  3. July 29, 2026Target cut from $274 (−8%)Buy$253
  4. July 6, 2026Target raised from $190 (+44%)Buy$274
  5. June 12, 2026Kept the $190 targetBuy$190
  6. April 30, 2026Target raised from $180.90 (+5%)Buy$190
  7. February 25, 2026Target raised from $175.10 (+3%)Buy$180.90
  8. January 30, 2026Earliest call shownBuy$175.10

Targets are adjusted for the 10-for-1 split on Jun 12, 2026, so every call is in the same share terms as this note.

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Other analysts on KLA

BernsteinBuy Cut price target −10%, kept rating Oct 29 $225from $250 CantorBuy Cut price target −31%, kept rating Oct 29 $225from $325 UBSHold Cut price target −5%, kept rating Oct 29 $180from $190 SusquehannaHold Cut price target −12%, kept rating Oct 29 $190from $215 JP MorganBuy Raised price target +1%, kept rating Oct 29 $240from $238
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.