Barclays Capital Rates KLA-Tencor Corp. Equal Weight
Barclays Capital rated KLA-Tencor Corporation (NASDAQ:KLAC) Equal Weight and changed its price target from $53.00 to $44.00. The shares recently traded at $39.30, up $1.57, or 4.17%, on the day. The shares have traded in a 52-week range of $33.01 to $51.83, and its market capitalization is $6.56 billion. About the company: KLA-Tencor Corporation manufactures yield management and process monitoring systems for the semiconductor industry. The Company’s systems are used to analyze product and process quality at critical steps in the manufacture of circuits and provide feedback so that fabrication problems can be identified. KLA-Tencor operates sales, service, and application centers worldwide.
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