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Veeco price target raised to $43 from $38 at Needham
The Fly

Veeco price target raised to $43 from $38 at Needham

Needham raised the firm’s price target on Veeco to $43 from $38 and keeps a Buy rating on the shares. The company reported “solid” Q4 results, with upside that mainly came from stronger sales of their laser anneal systems in the Semiconductor segment, partly due to the strength of mature-node investments in China, the analyst tells investors in a research note.

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