Barclays Maintains Equal-Weight on Veeco Instruments, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley has maintained an Equal-Weight rating on Veeco Instruments (NASDAQ:VECO) and increased the price target from $33 to $35.

May 08, 2024 | 6:19 pm
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Barclays has maintained an Equal-Weight rating on Veeco Instruments and raised the price target from $33 to $35.
The increase in price target by Barclays, a major financial institution, suggests a positive outlook on Veeco Instruments' stock. This adjustment reflects an expectation of stronger performance or favorable market conditions for VECO, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100