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Analysts Offer Insights on Technology Companies: Veeco (VECO), Zoom Video Communications (ZM) and VIZIO Holding (VZIO)

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Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Veeco (VECOResearch Report), Zoom Video Communications (ZMResearch Report) and VIZIO Holding (VZIOResearch Report).

Veeco (VECO)

In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on Veeco, with a price target of $35.00. The company’s shares closed last Tuesday at $29.97.

According to TipRanks.com, Miller is a top 100 analyst with an average return of 25.1% and a 67.9% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, Western Digital, and Onto Innovation.

Veeco has an analyst consensus of Strong Buy, with a price target consensus of $32.40, implying a 15.7% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $33.00 price target.

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Zoom Video Communications (ZM)

Needham analyst Ryan Koontz maintained a Hold rating on Zoom Video Communications today. The company’s shares closed last Tuesday at $175.97, close to its 52-week low of $174.66.

According to TipRanks.com, Koontz is a 4-star analyst with an average return of 14.1% and a 54.5% success rate. Koontz covers the Technology sector, focusing on stocks such as Vonage Holdings, KVH Industries, and RingCentral.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoom Video Communications with a $288.57 average price target.

VIZIO Holding (VZIO)

Needham analyst Laura Martin maintained a Buy rating on VIZIO Holding today and set a price target of $30.00. The company’s shares closed last Tuesday at $18.48, close to its 52-week low of $17.25.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 19.1% and a 53.2% success rate. Martin covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, Tremor International, and World Wrestling.

Currently, the analyst consensus on VIZIO Holding is a Strong Buy with an average price target of $28.60.

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