Citigroup Maintains Buy on Veeva Systems, Raises Price Target to $281
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on Veeva Systems and raises the price target from $273 to $281.
August 29, 2024 | 4:03 pm
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POSITIVE IMPACT
Citigroup analyst Tyler Radke has reaffirmed a Buy rating for Veeva Systems and increased the price target from $273 to $281, indicating a positive outlook.
The reaffirmation of a Buy rating and an increase in the price target by a major financial institution like Citigroup suggests confidence in Veeva Systems' future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100