Analyst Ratings For Veeva Sys
Portfolio Pulse from Benzinga Insights
Analysts have published 18 ratings on Veeva Systems (NYSE:VEEV) in the last three months, with a diverse range of views. The average 12-month price target is $209.44, down 3.56% from the previous average. Analysts have made various adjustments to their ratings and price targets, with some raising and others lowering their expectations. Veeva is a leading provider of cloud-based software for the life sciences industry. Financial indicators show strong market presence, profitability, and financial management, with a market cap above industry average, positive revenue trend, high net margin, ROE, and ROA, and low debt-to-equity ratio.
January 02, 2024 | 8:01 pm
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NEUTRAL IMPACT
Veeva Systems has received a mix of analyst ratings with an average 12-month price target of $209.44, indicating a slight decrease from the previous target. The company's strong financial health may support its stock performance despite the lowered price targets.
The diverse analyst ratings and the slight decrease in the average price target suggest uncertainty, which could lead to a neutral short-term impact on VEEV's stock price. However, the company's strong financial indicators may mitigate any negative effects from the ratings, supporting a stable outlook.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100