Veeco price target lowered to $25 from $30 at Barclays

Barclays analyst Tom O’Malley lowered the firm’s price target on Veeco (VECO) to $25 from $30 and keeps an Equal Weight rating on the shares. The company’s March and June quarter guidance will disappoint while the remainder of 2025 moves lower on ongoing China headwinds and weaker Compound Semi, the analyst tells investors in a research note.