KeyBanc analyst Weston Twigg maintained a Buy rating on Kla-Tencor (NASDAQ:KLAC) on Wednesday, setting a price target of $293, which is approximately 10.24% above the present share price of $265.79.
Twigg expects Kla-Tencor to post earnings per share (EPS) of $2.71 for the first quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Kla-Tencor, with an average price target of $249.57.
The analysts price targets range from a high of $293 to a low of $205.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.54 billion and a net profit of $526.39 million. The company's market cap is $39.99 billion.
According to TipRanks.com, KeyBanc analyst Weston Twigg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.9% and a 78.82% success rate.
KLA Corp. engages in the supply of process control and yield management solutions for the semiconductor and related nano-electronics industries. Its products include manufactured chips, reticle, packaging, surface profilers, nanochemical testers, KT (NYSE:KT) pro equipment, and compound semiconductors. The company was founded in April 1997 and is headquartered in Milpitas, CA.