Veeco Instruments upgraded by analysts on order momentum and market growth outlook
VECO Veeco Instruments Inc
$53.53 -3.84%
View chart & analysis → - 1Gus Richard of Northland upgraded Veeco to outperform and maintained a price target of $66 per share.
- 2Veeco reported last month's revenue of $193.5 million, up 16% year-over-year, exceeding market expectations.
- 3Veeco projected 2026 revenue to be between $780 million and $810 million.
So what's the key point?
Veeco's revenue last month reached $193.5 million, which was higher than what experts expected. An analyst upgraded the company's rating.
Source The Motley Fool +1 · View original ↗
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