Veeco (VECO) was Downgraded to a Hold Rating at Benchmark Co.


Veeco (NASDAQ: VECO) received a Hold rating from Benchmark Co. analyst Mark Miller today. The company’s shares closed yesterday at $11.88, close to its 52-week low of $10.85.

According to TipRanks.com, Miller is a top 25 analyst with an average return of 26.0% and a 72.1% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and MKS Instruments.

Veeco has an analyst consensus of Hold.

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The company has a one-year high of $26.50 and a one-year low of $10.85. Currently, Veeco has an average volume of 462.4K.

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Veeco Instruments, Inc. engages in the development, manufacture, sale, and support of semiconductor process equipment. Its primary technologies is comprised of metal organic chemical vapor deposition, advanced packaging lithography, wet etch and clean, laser annealing, ion beam, molecular beam epitaxy, wafer inspection, and atomic layer deposition systems.

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