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Fly News Breaks for June 5, 2018
KLAC
Jun 5, 2018 | 07:09 EDT
Deutsche Bank analyst Sidney Ho raised his price target for KLA-Tencor to $122 after meeting with management. The company appears to be incrementally more positive on its Foundry/Logic business for the second half of 2018, although the business will likely still decline year-over-year for 2018 due to a weak first half, Ho tells investors in a research note. He keeps a Buy rating on KLA-Tencor.
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