Goldman Sachs Maintains Neutral on Veeco Instruments, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has maintained a Neutral rating on Veeco Instruments (NASDAQ:VECO) and increased the price target from $28 to $31.
January 18, 2024 | 1:54 pm
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Goldman Sachs maintains a Neutral rating on Veeco Instruments but raises the price target from $28 to $31, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive reassessment of Veeco Instruments' stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100