Critical Insights From Veeco Instruments Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse evaluations of Veeco Instruments (NASDAQ:VECO) over the past three months, with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased to $51.25, reflecting a 10.81% rise from the previous target. Key analysts from Needham, Citigroup, and Oppenheimer have maintained or raised their ratings and price targets, indicating positive sentiment towards the company's future performance.
August 07, 2024 | 2:01 pm
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Analysts have shown a generally positive sentiment towards Veeco Instruments, with an average 12-month price target increase to $51.25. Key analysts from Needham, Citigroup, and Oppenheimer have maintained or raised their ratings and price targets.
The increase in the average 12-month price target and the positive ratings from key analysts suggest a bullish outlook for Veeco Instruments. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100