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Veeco Instruments Inc. (VECO) [hlAlert]

down 2.76 %

Veeco Instruments Inc. (VECO) rated Sell with price target $15 by Maxim Group

Posted on: Thursday,  Dec 15, 2011  8:25 AM ET by Maxim Group

Maxim Group rated Sell Veeco Instruments Inc. (NASDAQ: VECO) on 12/15/2011, when the stock price was $22.51. Since
then, Veeco Instruments Inc. has gained 2.84% as of 12/28/2015's recent price of $23.15.
If you would have followed this Maxim Group's recommendation on VECO, you would have lost 2.76% of your investment in 1474 days.

VEECO INSTRUMENTS INC. (DE) designs, manufactures, markets and services a broad line of precision beam etching and surface measurement systems used in the manufacture of microelectronic products. It sells its products worldwide to many of the leading semiconductor and data storage manufacturers. In addition, it sells its products to companies in the flat panel display and high frequency device industries, as well as to other industries, research and development centers and universities.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/15/2011 8:25 AM Sell
22.51 15.00
as of 12/30/2011
1 Week up  2.43 %
1 Month up  7.59 %
3 Months   
1 YTD up  7.59 %

(*) Stock Price at the time of the recommendation.
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