Northland Capital Markets Maintains Outperform on Veeco Instruments, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets maintains an Outperform rating on Veeco Instruments (NASDAQ:VECO) but lowers the price target from $53 to $47.
August 07, 2024 | 5:47 pm
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NEUTRAL IMPACT
Northland Capital Markets maintains an Outperform rating on Veeco Instruments but lowers the price target from $53 to $47.
The Outperform rating suggests continued confidence in Veeco Instruments' performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100