Needham Reiterates Buy on Veeva Sys, Maintains $220 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald has reiterated a 'Buy' rating on Veeva Systems (VEEV) and maintained a price target of $220.
November 10, 2023 | 10:15 am
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Veeva Systems' stock rating has been reiterated as 'Buy' by Needham analyst Ryan MacDonald, with a maintained price target of $220.
The reiteration of a 'Buy' rating by a reputable analyst like Ryan MacDonald indicates a positive outlook for Veeva Systems. The maintained price target of $220 suggests that the analyst believes the stock is still undervalued, which could lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100