Impact of Brokerage Rating on KLA-Tencor Corporation(KLAC)

Many KLA-Tencor Corporation(KLAC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Cowen on Jan 27, 2017 to Outperform, Raises Price Target to $ 96 from a previous price target of $85 .Company shares were Reiterated by Needham on Jan 27, 2017 to Strong Buy, Raises Price Target to $ 105 from a previous price target of $95 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Hold, Raises Price Target to $ 83 from a previous price target of $71 .KLA-Tencor Corp was Initiated by Goldman to Buy on Dec 19, 2016. Company shares were Upgraded by Needham on Dec 14, 2016 to Strong Buy, Raises Price Target to $ 95 from a previous price target of $86 .

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Brian M. Trafas (Senior Vice President) sold 3,064 shares at 86.89 per share price.On Feb 3, 2017, Bren D. Higgins (EVP & Chief Financial Officer) sold 4,610 shares at 85.47 per share price.On Feb 3, 2017, Richard P Wallace (President and CEO) sold 38,543 shares at 85.47 per share price.

KLA-Tencor Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $1.40. The company had revenue of $877.00 million for the quarter, compared to analysts expectations of $838.99 million. The companys revenue was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.

KLA-Tencor Corporation (NASDAQ:KLAC) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.11 by 9 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

KLA-Tencor Corporation (NASDAQ:KLAC): According to 8 Analysts, The short term target price has been estimated at $ 88.5.The target price could deviate by a maximum of $15.78 from the forecast price. In the near term, the target price could hit a high of $106 and a low of $ 57.

KLA-Tencor Corporation (NASDAQ:KLAC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.26% or 0.23 points. After the session commenced at $87.16, the stock reached the higher end at $87.29 while it hit a low of $86.36. With the volume soaring to 1,408,884 shares, the last trade was called at $86.99. The company has a 52-week high of $88.12. The company has a market cap of $13,634 million and there are 156,729,320 shares in outstanding. The 52-week low of the share price is $63.79.

KLA-Tencor Corporation is one of the worlds leading suppliers of process control and yield management solutions for the semiconductor and related microelectronics industries. Its comprehensive portfolio of products, software, analysis, services and expertise is designed to help integrated circuit manufacturers manage yield throughout the entire wafer fabrication process.


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