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Fly News Breaks for November 20, 2019
KLAC
Nov 20, 2019 | 06:12 EDT
Nomura Instinet analyst David Wong initiated coverage of KLA-Tencor with a Buy rating and $215 price target. As the secular growth of semiconductor equipment accelerates, the multiple range for chip equipment companies might move toward the high end of past ranges, Wong tells investors in a research note.
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