KLA-Tencor (KLAC) Raised to Strong-Buy at BidaskClub
Summary
Deutsche Bank increased their target price on shares of KLA-Tencor from $105.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, February 25th. Finally, Stifel Nicolaus increased their target price on shares of KLA-Tencor from $124.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 5th. In other news, Director Emiko Higashi sold 2,141 shares of the company’s stock in a transaction dated Tuesday, March 12th. KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.
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