Where Veeco Instruments Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 6 analysts have evaluated Veeco Instruments (NASDAQ:VECO), with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased to $45.0, reflecting a 12.02% rise from the previous target. Analysts from firms like Citigroup, Oppenheimer, Goldman Sachs, Barclays, and Needham have raised their price targets, indicating positive sentiment towards the company's future performance.
July 15, 2024 | 2:01 pm
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POSITIVE IMPACT
Analysts have shown a generally positive sentiment towards Veeco Instruments, with an increased average price target of $45.0, up 12.02% from the previous target. Key analysts from Citigroup, Oppenheimer, Goldman Sachs, Barclays, and Needham have raised their price targets, indicating confidence in the company's future performance.
The increase in the average price target and the positive sentiment from multiple reputable analysts suggest a likely short-term positive impact on Veeco Instruments' stock price. The raised price targets from firms like Citigroup, Oppenheimer, and others indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100