Friday, March 16, 2012

Renewable Energy Stocks Veeco (NASDAQ: VECO) and Aixtron (NASDAQ: AIXG ) Spike on Analyst Upgrade

Renewable Energy Stocks Veeco (NASDAQ: VECO) and Aixtron (NASDAQ: AIXG  ) Spike on Analyst UpgradeChicago, IL 3/16/12 (StreetBeat) -- Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for Veeco Instruments Inc. (NasdaqG: VECO) and Aixtron (Nasdaq: AIXG ), trading up following an analyst upgrade from Deutsche Bank analyst, Vishal Shah.

Yesterday, Veeco Instruments Inc. (NasdaqG: VECO) was trading up at $33.45, up $3.47(11.57%) 1:41PM ED on over 2 Million shares. Vishal Shah has also put a $40 price target on the stock in addition to the upgrade.

Aixtron (NASDAQ: AIXG ) was trading at $19.01, up $ 2.66(16.27%) 1:49PM EDT on over 400,000 shares.

About Veeco (NasdaqG: VECO)
Veeco makes equipment to develop and manufacture LEDs, solar cells, hard disk drives and other devices. We support our customers through product development, manufacturing, sales and service sites in the U.S., Korea, Taiwan, China, Singapore, Japan, Europe and other locations. Please visit us at www.veeco.com.

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