Analysts Adjust Veeco's Weekly Ratings

Sep 26, 2011 According to the Localized USA a number of equity research firms have modified their stock ratings and price targets on shares of Veeco Instruments Inc. (NASDAQ: VECO) in the last week. Most of the analysts has downgraded Veeco shared and changed ratings from "buy" to "neutral".

Here is detailed list as published by Localized USA:

Veeco Instruments Inc. had its price target lowered by analysts at Citigroup to $40.00.

Veeco Instruments Inc. was downgraded by analysts at Lazard Capital from a “buy” rating to a “neutral” rating.

Veeco Instruments Inc. was downgraded by analysts at Bank of America Merrill Lynch from a “buy” rating to a “neutral” rating. The analysts now have a $36.00 price target on the stock, down previously from $54.00.

Veeco Instruments Inc. is now covered by analysts at Deutsche Bank. The analysts set a “hold” rating and a $35.00 price target on the stock.

Veeco Instruments Inc. had its price target lowered by analysts at UBS AG to $43.00. The analysts now have a “buy” rating on the stock.

Veeco Instruments Inc. is now covered by analysts at Veeco Instruments Inc.. The analysts set a “hold” rating on the stock.

Veeco Instruments Inc. is now covered by analysts at Veeco Instruments Inc.. The analysts set a “hold” rating on the stock.

Source:http://localizedusa.com/2011/09/25/veeco-instruments-inc-veco-analysts-weekly-ratings-changes-2/

Author:  Alice Jones

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