Piper Jaffray Cuts Price Target on KLA-Tencor (KLAC) to $63 Following EPS Beat
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KLA-Tencor (KLAC) PT Trimmed to $56 at Susquehanna Post Q4
July 31, 2015 7:24 AM EDTSusquehanna analyst Mehdi Hosseini lowered his price target on Neutral-rated KLA-Tencor (NASDAQ: KLAC) to $56 (from $60.00) following Q4 results.
The analyst commented, "KLAC's report and commentary is pretty much in-line with our expectations and preview; Moore's Law is slowing simply because of affordability (or lack of it) and that is adversely impacting foundry/logic spending. Unfortunately, some of our... More
KLA-Tencor (KLAC) Tops Q4 EPS by 8c
July 30, 2015 4:15 PM EDTKLA-Tencor (NASDAQ: KLAC) reported Q4 EPS of $0.99, $0.08 better than the analyst estimate of $0.91. Revenue for the quarter came in at $756.3 million versus the consensus estimate of $751.72 million.
For earnings history and earnings-related data on KLA-Tencor (KLAC) click here.
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