Goldman Sachs Maintains Neutral on Veeco Instruments, Raises Price Target to $39
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 $35 to $39.

May 09, 2024 | 1:01 pm
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Goldman Sachs maintains a Neutral rating on Veeco Instruments but raises the price target from $35 to $39.
The increase in price target by Goldman Sachs, while maintaining a Neutral rating, suggests a positive adjustment in the valuation model, likely due to improved company prospects or market conditions. This could lead to increased investor interest and potentially a short-term uptick in VECO's stock price.
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