Morgan Stanley (NYSE:MS) analyst Joseph Moore maintained a Hold rating on Kla-Tencor (NASDAQ:KLAC) on Monday, setting a price target of $349, which is approximately 5.10% above the present share price of $332.07.
Moore expects Kla-Tencor to post earnings per share (EPS) of $2.96 for the second 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 $331.86.
The analysts price targets range from a high of $380 to a low of $300.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.65 billion and a net profit of $570.16 million. The company's market cap is $51.16 billion.
According to TipRanks.com, Morgan Stanley analyst Joseph Moore is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.6% and a 60.43% success rate.
KLA Corp. is a California-based company, which is engaged 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, compound semiconductors and wafer processing solutions.