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Stock Market & Financial Investment News

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May 6, 2014
08:19 EDTVECOVeeco positioned to gain share, says UBS
UBS said Veeco's Q1 MOCVD orders were up nicely but near-term gross margin guidance was weak. The analyst continues to believe the LED equipment industry is in the early stages of a recovery and Veeco is well positioned to benefit and gain share. Shares are Buy rated with a $48 price target, down from $53.
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