KLA-Tencor (KLAC) Declares $0.59 Quarterly Dividend; 2.7% Yield

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Stifel Upgrades KLA-Tencor (KLAC) to Buy

August 7, 2017 3:59 AM EDT

Stifel upgraded KLA-Tencor (NASDAQ: KLAC) from Hold to Buy with a price target of $106.00 (from $103.00).

Analyst Patrick Ho is incrementally more positive on the company citing positioning to benefit from the recent surge in advanced foundry/logic spending. The analyst also sees improvements... More