Veeco Reports Third Quarter 2018 Financial Results
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Veeco Instruments Inc. (VECO) PT Lowered to $11 at Northland Capital Markets
November 1, 2018 12:51 PM EDTNorthland Capital Markets analyst Gus Richard lowered the price target on Veeco Instruments Inc. (NASDAQ: VECO) to $11.00 (from $15.00) while maintaining an Outperform rating following mixed results and lower guidance.
While guidance was "ugly', the analyst believes the new CEO is, over time, turning around the company.
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