Fly News Breaks for December 19, 2016
KLAC
Dec 19, 2016 | 06:11 EDT
Goldman analyst Toshiya Hari initiated KLA-Tencor with a Buy and a $90 price target saying the company is positioned to perform in-line with the boarder industry following three years of revenue underperformance. He believes 7nm node should support growth and expects estimate revisions to be primary catalysts going forward.
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