Goldman Sachs Maintains Neutral on Veeco Instruments, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Neutral rating on Veeco Instruments (NASDAQ:VECO) and raises the price target from $20 to $28.

August 09, 2023 | 4:00 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Veeco Instruments and raises the price target from $20 to $28.
The news is directly about Veeco Instruments. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating that they do not expect significant price movement in the short term. However, they have raised the price target from $20 to $28, which could potentially lead to a positive sentiment among investors. The impact on the stock price in the short term is uncertain, hence the score is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100