Needham Maintains Buy on Veeco Instruments, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi maintains a Buy rating on Veeco Instruments (NASDAQ:VECO) and raises the price target from $43 to $46.
May 08, 2024 | 11:17 am
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Needham analyst Charles Shi reaffirms a Buy rating on Veeco Instruments and increases the price target to $46.
The upgrade in price target by a reputable analyst like Charles Shi from Needham signifies a strong bullish sentiment towards Veeco Instruments. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100