Deutsche Bank Initiates KLA-Tencor With Hold

Analysts at Deutsche Bank initiated coverage on shares of KLA-Tencor

with a Hold rating. The target price for KLA-Tencor is set to $68. KLA-Tencor shares have surged 12.55% over the past 52 weeks, while the S&P 500 index has gained 14.76% in the same period. KLA-Tencor's shares rose 0.47% to close at $70.66 on Friday.