KLA(US:KLAC) Ge Long Hui·2025-12-11 08:57Core Viewpoint - Morgan Stanley maintains an "Overweight" rating on KLA Corporation (KLAC.US) with a target price of $1485, indicating positive sentiment towards the company's future performance [1] Group 1: Financial Performance - Following a meeting with KLA's executive team, it was noted that the order book has continued to improve since the company's earnings report [1] - Revenue is expected to achieve low to mid-single-digit growth in the first half of 2026, an upgrade from previous expectations of flat to slight growth [1] Group 2: Market Dynamics - The recent acceleration in orders, particularly in the DRAM/HBM sector, is a significant factor contributing to the improved outlook [1] - Additionally, the delivery times for tools have been extended, indicating strong demand in the market [1]