HomeMarket NewsCiti initiates Veeco Instruments with Buy rating

Citi initiates Veeco Instruments with Buy rating

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Citi has began protection of Veeco Devices (NASDAQ:VECO) with a Purchase ranking and a $35 worth goal.

Citi’s analysts stated that Veeco’s semiconductor tools enterprise, at ~65% of gross sales, ought to outperform the wafer fab tools, or WFE, market by ~300bps in 2024 on growth in laser anneal

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