Exane BNP Paribas downgraded KLA-Tencor (NASDAQ: KLAC) from Outperform to Neutral with a price target of $66.00 (from $58.70).

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 $65.44 yesterday.