Veeco Instruments (VECO) Tops Q2 EPS by 1c, Offers Q3 Guidance
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Deutsche Bank Upgrades Veeco Instruments Inc. (VECO) to Buy
August 2, 2016 6:55 AM EDTDeutsche Bank upgraded Veeco Instruments Inc. (NASDAQ: VECO) from Hold to Buy with a price target of $22. Analyst Vishal Shah noted that MOCVD fundamentals are finally improving.
"Although Q2 results were soft, mgmt suggested a meaningful improvement in MOCVD bookings environment in Q3 timeframe.... More
