Keybanc Maintains Overweight on Veeva Sys, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on Veeva Systems (NYSE:VEEV) but has reduced the price target from $230 to $210.
December 08, 2023 | 9:11 am
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Keybanc analyst Scott Schoenhaus maintains an Overweight rating on Veeva Systems but lowers the price target from $230 to $210.
While the Overweight rating suggests that Keybanc continues to view Veeva Systems positively, the reduction in price target could signal a tempered expectation for the stock's growth potential. This might lead to a neutral short-term impact as the positive sentiment from the Overweight rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100