KLA-Tencor (KLAC) Tops Q3 EPS by 7c

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KLA-Tencor (KLAC) PT Raised to $115 at Cowen; Reiterates Outperform

April 28, 2017 7:22 AM EDT

Cowen raised its price target on KLA-Tencor (NASDAQ: KLAC) to $115.00 (from $96.00) while maintaining a Outperform rating. KLAC reported EPS of $1.62, ahead of the Street's $1.55 due primarily to slightly lower tax rate. Shipments of $909MM were slightly above $900MM estimates while orders of $990MM... More

KLA-Tencor (KLAC) PT Raised to $113 at Credit Suisse Following 'Beat and Raise'

April 28, 2017 6:49 AM EDT

Credit Suisse raised its price target on KLA-Tencor (NASDAQ: KLAC) to $113.00 (from $100.00) while maintaining a Outperform rating following 'beat and raise' under an unfavorable mix.

Analyst Farhan Ahmad commented, "While the magnitude to upside is less than LRCX, it is understandable... More