UPDATE: S&P Lifts Rating on KLA-Tencor Corp. (KLAC) to 'BBB+'; Cites Stable FOCF Generation
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B. Riley Downgrades KLA-Tencor (KLAC) to Neutral
April 25, 2014 7:50 AM EDTB. Riley downgraded KLA-Tencor (NASDAQ: KLAC) from Buy to Neutral with a price target of $65.00 (from $70.00).
For an analyst ratings summary and ratings history on KLA-Tencor click here. For more ratings news on KLA-Tencor click here.
Shares of KLA-Tencor closed at $67.74 yesterday.
... MoreKLA-Tencor Corp (KLAC) Tops Q3 EPS by 9c, Sales Beat
April 24, 2014 4:18 PM EDTKLA-Tencor Corp (NASDAQ: KLAC) reported Q3 GAAP EPS of $1.21, $0.09 better than the analyst estimate of $1.12. Revenue for the quarter came in at $832 million versus the consensus estimate of $822.64 million.
"KLA-Tencor delivered solid results for the third quarter of fiscal year 2014, demonstrating our market leadership... More
