Goldman Sachs Maintains Neutral on Veeco Instruments, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Neutral rating on Veeco Instruments (NASDAQ:VECO) but lowers the price target from $39 to $35.
August 08, 2024 | 3:35 pm
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Goldman Sachs analyst Brian Lee maintains a Neutral rating on Veeco Instruments but lowers the price target from $39 to $35.
The lowered price target from $39 to $35 by a major financial institution like Goldman Sachs suggests a less optimistic outlook for Veeco Instruments. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100