Piper Sandler Maintains Overweight on Veeva Sys, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Veeva Systems (VEEV) but lowered the price target from $235 to $200.
November 10, 2023 | 9:23 am
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Veeva Systems' price target has been lowered from $235 to $200 by Piper Sandler, though the Overweight rating is maintained.
The lowering of the price target by Piper Sandler could potentially lead to a negative sentiment among investors, which may put downward pressure on Veeva Systems' stock price in the short term. However, the maintained Overweight rating indicates that the analyst still sees potential in the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100