Stock Track | Veeco Instruments Soars 7.17% Intraday After Citi Raises Price Target

Stock Track02-26 23:08

Veeco Instruments (VECO) stock surged 7.17% during intraday trading on Thursday, showing significant upward momentum.

The sharp rise follows a positive analyst action from Citi, which raised its price target on Veeco to $40 from $36 while maintaining a Buy rating on the shares. This upgrade reflects increased confidence in the company's financial model and prospects.

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