KLA-Tencor (KLAC) Tops Q4 EPS by 5c

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KLA-Tencor (KLAC) PT Raised to $103 at Stifel; Reiterates Hold

July 28, 2017 7:12 AM EDT

Stifel raised its price target on KLA-Tencor (NASDAQ: KLAC) to $103.00 (from $102.00) while maintaining a Hold rating following the company's 4Q. KLA-Tencor reported 4Q earnings results that came in well ahead of the consensus estimates. KLAC reported $938.6 million in revenue and pro-forma EPS of $1.71.

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