B of A Securities Maintains Neutral on Veeva Systems, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills maintains a Neutral rating on Veeva Systems (NYSE:VEEV) but raises the price target from $204 to $240.
August 29, 2024 | 12:16 pm
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B of A Securities has maintained a Neutral rating on Veeva Systems but increased the price target from $204 to $240, indicating a positive outlook despite the neutral stance.
The increase in price target from $204 to $240 by B of A Securities suggests a positive outlook for Veeva Systems, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100