On Nov 08, major Wall Street analysts update their ratings for $Veeco Instruments (VECO.US)$, with price targets ranging from $30 to $40.
Barclays analyst Thomas O'Malley maintains with a hold rating, and adjusts the target price from $33 to $30.
Oppenheimer analyst Rick Schafer maintains with a buy rating, and adjusts the target price from $45 to $40.
Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $55 to $35.
Benchmark Co. analyst Mark Miller maintains with a buy rating, and adjusts the target price from $42 to $38.
Furthermore, according to the comprehensive report, the opinions of $Veeco Instruments (VECO.US)$'s main analysts recently are as follows:
Following several semiconductor capital company reports, it's anticipated that China will emerge with another pattern. It's projected that by 2025, there will be a $60M-$70M challenge originating from China, and a similar challenge from Data Storage due to the continued capital expenditure discipline among drive manufacturers.
Veeco's Q3/Q4 results along with the forecast were reported as anticipated. The company's management has refined their full year 2024 revenue projection to a range of $700M-$720M, reflecting a more precise expectation compared to the previous forecast.
Here are the latest investment ratings and price targets for $Veeco Instruments (VECO.US)$ from 4 analysts:
Note:
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