Veeco price target raised to $45 from $40 at Oppenheimer

Oppenheimer raised the firm’s price target on Veeco to $45 from $40 and keeps an Outperform rating on the shares after hosting meetings with CFO John Kiernan and VP IR Anthony Pappone this week. The firm comes away bullish on Velcros’ LSA/NSA and IBD/E growth opportunities.