Veeco price target raised to $32 from $28 at Benchmark

Benchmark analyst Mark Miller raised the firm’s price target on Veeco to $32 from $28 and keeps a Buy rating on the shares after the company reported upside in Q2 and maintained its sales guidance range for this year. The firm sees a number of tailwinds driving 15% year-over-year earnings growth in 2024, the analyst tells investors.