In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on Veeco (VECO), with a price target of $15. The company’s shares closed yesterday at $10.96.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 19.2% and a 64.6% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and Amtech Systems Inc.
Currently, the analyst consensus on Veeco is a Moderate Buy with an average price target of $18.
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The company has a one-year high of $15 and a one-year low of $6.27. Currently, Veeco has an average volume of 350.7K.
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Veeco Instruments, Inc. is engaged 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.
