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Stock Market & Financial Investment News

News Breaks
June 25, 2014
06:28 EDTKLAC, LRCX, AMATKLA-Tencor added to Focus List at Citigroup
Citigroup added KLA-Tencor (KLAC) to its Focus List saying it expects wafer fab equipment spending to hit a record $40B in 2016, above the consensus estimates of $35B-$36B. The firm raised its price target for shares to $82 from $75 and keeps a Buy rating on the stock. Citi also raised its price target for Applied Materials (AMAT) to $26 from $22 and keeps a Buy rating on the name. The firm also upped its price target for Neutral-rated Lam Research (LRCX) to $70 from $56.
News For KLAC;AMAT;LRCX From The Last 14 Days
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September 24, 2014
09:34 EDTAMATActive equity options trading on open
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September 23, 2014
09:37 EDTAMATActive equity options trading on open
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September 22, 2014
08:04 EDTAMATApplied Materials merger uncertainty could be opportunity, says Pacific Crest
Pacific Crest believes that the merger between Applied Materials and Tokyo Electron could be delayed until next year, while there is a small chance of China denying the merger. However, the firm recommends buying Applied Materials on any weakness relating to merger uncertainty, as it thinks the stock is worth $25 on a standalone basis. It keeps an Outperform rating on the shares.

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