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A statement released earlier today by Stifel about KLA-Tencor (NASDAQ:KLAC) bumps the target price to $102.00

Just yesterday KLA-Tencor (NASDAQ:KLAC) traded -2.30% lower at $97.70. KLA-Tencor’s 50-day moving average is $92.98 and its 200-day moving average is $96.89. The last closing price is up 2.86% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 1,756,708 shares of KLAC traded hands, up from an average trading volume of 1,114,320

Stifel upped the price target of KLA-Tencor (NASDAQ:KLAC) to $102.00 reporting a possible upside of 0.04%.

Recent Performance Chart

KLA-Tencor (NASDAQ:KLAC)

KLA-Tencor has 52 week low of $68.43 and a 52 week high of $109.59 with a PE ratio of 16.95 and has a market capitalization of $0.

Also covering KLA-Tencor's price target, a total of 12 analysts have released a research note on KLA-Tencor. The 12-month price target is $71.75 with zero analysts rating the company a strong buy, two analysts rating the company a buy, thirteen analysts rating the company a hold, zero analysts rating the company a underperform, and lastly 0 firms rating the stock a sell.

About KLA-Tencor (NASDAQ:KLAC)

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company's products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research. Its products and services are used by bare wafer, integrated circuit (IC), lithography reticle (reticle or mask) and disk manufacturers around the world. The Company's inspection and metrology products and related offerings are categorized in various groups, including Chip Manufacturing, Wafer Manufacturing, Reticle Manufacturing, LED, Power Device and Compound Semiconductor Manufacturing, Data Storage Media/Head Manufacturing, Microelectromechanical Systems (MEMS) Manufacturing, and General Purpose/Lab Applications. It also provides refurbished KLA-Tencor tools as service and support for its products.

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