Veeco Instruments Inc. stockholders have voted to approve all proposals related to the company's pending merger with Axcelis Technologies Inc. The merger completion remains subject to regulatory approval from China's State Administration for Market Regulation, with both companies expecting the deal to close in the second half of 2026.

Law firm Monteverde & Associates is investigating potential class action lawsuits related to mergers involving Olympic Steel, Axcelis Technologies, Veeco Instruments, and IF Bancorp.

Law firm Halper Sadeh LLC is investigating potential securities law violations and breaches of fiduciary duties for three companies involving merger and acquisition transactions.

The 2025 NewYorkCISO ORBIE Awards honored top security executives from various organizations, recognizing their leadership in cybersecurity across different company sizes and industries.

Law firm Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches for several companies involving mergers and acquisitions.

The GaN LED chips market is projected to reach $74 billion by 2034, driven by rising demand for micro-LED displays in consumer electronics and automotive sectors. Key factors driving growth include enhanced brightness, color accuracy, and energy efficiency of GaN-based LEDs.

Veeco Instruments Inc. (NASDAQ: VECO) announced that it will participate in a Fireside Chat at Morgan Stanley's Technology, Media, & Telecom Conference on March 3rd, 2025. The company will also be available for investor meetings during the conference.

Veeco and IBM have entered into a joint development agreement to explore advanced packaging applications using Veeco's WaferStorm Wet Processing System. The system will be installed at IBM's facilities in Albany, NY, where it will enable crucial hybrid bonding cleaning processes.

The global atomic layer deposition market is expected to grow significantly due to increasing demand for miniaturized and highly efficient electronic devices, as well as expanding applications in the medical and automotive industries.

Veeco Instruments (VECO) has received mixed analyst ratings over the past 3 months, with an average 12-month price target of $45, up from the previous $40.17. Analysts have maintained, raised, or lowered their ratings based on the company's performance and market conditions.

Citi has downgraded Veeco Instruments from 'Buy' to 'Neutral', despite raising the price target, citing a broader strategic approach where selectivity is increasing in the original equipment manufacturers (OEMs) and components space.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Stifel cut the price target for General Mills, Inc. (NYSE:GIS) from $77 to $70. Stifel analyst Matthew Smith maintained a Buy rating. General Mills shares fell 4.6% to close at $64.17 on Wednesday. See how other analysts view this stock. Canaccord Genuity raised the price target for Hut 8 Corp. (NASDAQ:HUT) from $14 to $22. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating. Hut 8 shares gained 4.8% to close at $15.32 on Wednesday. See how other analysts view this stock. Oppenheimer boosted Veeco Instruments Inc. (NASDAQ:VECO) price target from $45 to $55. Oppenheimer analyst Rick Schafer maintained an Outperform rating. Veeco Instruments shares fell 1.1% to close at $45.83 on Wednesday. See how other analysts view this stock. Baird boosted the price target for Palo Alto Networks, Inc. ...Full story available on Benzinga.com