Citi Downgrades Veeco Instruments Inc. (VECO) to Hold, Price Target $50

December 14, 2010 8:27 AM EST Send to a Friend
Get Alerts VECO Hot Sheet
Price: $39.47 -0.3%

Rating Summary:
    8 Buy, 13 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 13
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Citi downgraded Veeco Instruments Inc. (NASDAQ: VECO) to a Hold rating from its previous rating of Buy. The firm is also lowering their price target on the company by $2 to $50.

For more ratings news on Veeco Instruments Inc. click here and for the rating history of Veeco Instruments Inc. click here.

Shares of Veeco Instruments Inc. closed at $49.97 yesterday, with a 52 week range of $23.05-$54.50.


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