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Fly News Breaks for January 27, 2017
KLAC
Jan 27, 2017 | 08:47 EDT
Cowen analyst Timothy Arcuri raised his price target on KLA-Tencor to $96 from $85 following Q2 results. The analyst cited its record orders, growing memory exposure, and the burgeoning foundry/logic cycle. Arcuri reiterated his Outperform rating on KLA-Tencor shares.