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Veeco price target lowered to $45 from $50 at Oppenheimer
The Fly

Veeco price target lowered to $45 from $50 at Oppenheimer

Oppenheimer analyst Rick Schafer lowered the firm’s price target on Veeco (VECO) to $45 from $50 to reflect group multiple compression, while keeping an Outperform rating on the shares ahead of quarterly results. The firm sees in-line Q3 results and Q4 outlook.

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