Canaccord Genuity Maintains Hold on Veeva Sys, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes has maintained a Hold rating on Veeva Systems (NYSE:VEEV) but has reduced the price target from $210 to $185.
December 07, 2023 | 3:43 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Canaccord Genuity analyst David Hynes maintains a Hold rating on Veeva Systems but lowers the price target from $210 to $185, indicating a potential downside compared to the previous target.
The reduction in price target by Canaccord Genuity suggests that the analyst sees less upside potential for Veeva Systems, which could lead to a negative short-term sentiment among investors and potentially a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100