JP Morgan Maintains Neutral on Veeva Sys, Lowers Price Target to $183
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anne Samuel has maintained a Neutral rating on Veeva Systems (NYSE:VEEV) and reduced the price target from $188 to $183.

November 29, 2023 | 7:58 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Veeva Systems and lowered the price target from $188 to $183, indicating a potential limited upside or downside in the stock's price.
The adjustment in price target by a major analyst like JP Morgan can influence investor sentiment, but since the rating remains Neutral and the price target change is relatively small, the short-term impact on VEEV's stock price is likely to be minimal. Investors may have already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100