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Fly News Breaks for June 13, 2017
VECO
Jun 13, 2017 | 06:12 EDT
JPMorgan analyst Paul Coster upgraded Veeco Instruments to Overweight and raised his price target for the shares to $39 from $35. The recent share pullback presents an attractive entry point ahead of ramping MOCVD sales, Coster tells investors in a research note. He believes the Ultratech acquisition should lead to an upward revision to consensus estimates.
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