Veeco Instruments (VECO) Tops Q2 EPS by 11c, Q3 Guidance Falls Short of Views

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Go back to Veeco Instruments (VECO) Tops Q2 EPS by 11c, Q3 Guidance Falls Short of Views

Veeco Instruments Inc. (VECO) PT Lowered to $36 at Stifel

August 4, 2017 10:43 AM EDT

Stifel lowered its price target on Veeco Instruments Inc. (NASDAQ: VECO) to $36.00 (from $38.00) while maintaining a Buy rating following the company's 2Q earnings release. On the call, management provided an update on its synergy plans, and raised its targets. The company now expects cost... More

Deutsche Bank Downgrades Veeco Instruments Inc. (VECO) to Hold

August 4, 2017 9:03 AM EDT

Deutsche Bank downgraded Veeco Instruments Inc. (NASDAQ: VECO) from Buy to Hold with a price target of $30.00 (from $35.00).

Analyst Vishal Shah commented, "Q2 was a mixed quarter - while underlying MOCVD market remains strong and UTEK rev/cost synergy targets were raised,... More