TD Cowen Maintains Hold on Veeva Systems, Raises Price Target to $192
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Charles Rhyee maintains a Hold rating on Veeva Systems and raises the price target from $180 to $192.

August 29, 2024 | 4:18 pm
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TD Cowen analyst Charles Rhyee maintains a Hold rating on Veeva Systems and raises the price target from $180 to $192.
The analyst's decision to maintain a Hold rating suggests a neutral stance, but the increase in the price target from $180 to $192 indicates a positive outlook on the stock's potential. This could lead to a slight positive impact on the stock price in the short term as investors may view the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100