Truist Securities Maintains Hold on Veeva Sys, Lowers Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jailendra Singh has maintained a Hold rating on Veeva Systems (NYSE:VEEV) and reduced the price target from $227 to $187.
November 15, 2023 | 4:54 pm
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Truist Securities has maintained a Hold rating on Veeva Systems but lowered the price target from $227 to $187, indicating a more cautious outlook on the stock's value.
The reduction in price target by Truist Securities suggests that the analyst sees less upside potential for VEEV, which could lead to a negative short-term reaction in the stock price as investors adjust their expectations.
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