Mark Miller analyst at Benchmark Co. reiterates coverage on Veeco (VECO) stock in the Technology sector with a Buy rating. TipRanks.com has Miller rated as a 4.9 star analyst with a 57% return on investment and a 19.7% success rate. Miller has set a price target of $32.
TipRanks.com reports that Veeco stock currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target for VECO's stock is $34.40. The target pricing ranges from a high forecast of $37 down to a low forecast of $32. Veeco (VECO)’s stock last closing price was $26.65 which would put the average price target at 22.21% upside.
In addition, TradingView issued a sell rating for VECO's stock over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on VECO stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from techstockmovers.com as they are an authority in the Tech Stock Sector. TechStockMovers.com keeps investors informed on a variety of tech stocks including communications equipment, IT Services, Semiconductors, Software, Technical hardware, storage and peripherals, artificial intelligence (AI), cybersecurity and more.
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