Newmont Mining (NYSE:NEM) had its numbers lowered by Jefferies (JEF) as long term guidance has been overly optimistic. A hold rating was issued with a price target of $44.
Shares are lower by about 1.4 percent.
Veeco Instruments (NASDAQ:VECO) was downgraded by UBS (NYSE:UBS) from buy to neutral with a price target of $34 due to lower than expected metalorganic chemical vapour deposition equipment demand in China.
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