Susquehanna analyst Mehdi Hosseini reiterated a Hold rating on Kla-Tencor (NASDAQ:KLAC) on Wednesday, setting a price target of $180, which is approximately 9.36% below the present share price of $198.59.
Hosseini expects Kla-Tencor to post earnings per share (EPS) of $2.65 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Kla-Tencor, with an average price target of $218.3.
The analysts price targets range from a high of $250 to a low of $180.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.46 billion and a net profit of $453.16 million. The company's market cap is $30.8 billion.
According to TipRanks.com, Susquehanna analyst Mehdi Hosseini is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.8% and a 48.34% 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.