OJ,
It looks like they actually lowered KLAC, not that it seemed to matter, but a fwiw, anyway.
Wednesday March 25, 12:17 pm Eastern Time
RESEARCH ALERT-Semiconductor capital equipment cos
NEW YORK, March 25 (Reuters) - Goldman Sachs said Wednesday its new semiconductor capital equipment analyst, Gunner Miller, rolled out coverage on various stocks and in the process raised the firm's rating on Applied Materials Inc. (AMAT - news).
-- Applied Materials raised to recommended list from market outperform, Goldman said. Stock up 1-5/8 to 35-3/4.
-- Miller starts Teradyne Inc. (TER - news) on recommended list, Advanced Energy Industries Inc. (AEIS - news) as market outperform.
-- KLA-Tencor Corp. (KLAC - news) lowered to market outperform after being on recommended list. Stock up 1-1/2 to 38-1/2.
-- PRI Automation Inc. (PRIA - news) begun as market outperform, stock up 23/32 to 28.
-- Ultrak Stepper Inc. (UTEK - news) lowered to market perform from market outperform, stock up 3/16 to 21-7/16.
-- Veeco Instruments Inc. (VECO - news) started as market perform, stock gains 2-24/32 to 35-5/32.
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