Expert Ratings for Veeco Instruments
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Veeco Instruments (NASDAQ:VECO) within the last quarter, with 2 bullish, 2 somewhat bullish, and 3 indifferent. The average price target is $28.43, which is lower than the current price of $29.79. This average has increased by 20.47% from the previous average price target of $23.60.
August 08, 2023 | 3:00 pm
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NEGATIVE IMPACT
Mixed analyst ratings for Veeco Instruments with an average price target of $28.43, lower than the current price of $29.79. The average price target has increased by 20.47% from the previous target.
The average price target given by analysts is lower than the current price of Veeco Instruments, indicating a potential downside. This could negatively impact the stock price in the short term. However, the increase in the average price target from the previous one shows some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100