Veeva Systems (VEEV) Tops Q1 EPS by 8c; misses on sales revenue

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Veeva Systems (VEEV) PT Lowered to $256 at Citi

May 31, 2024 6:52 AM EDT

Citi analyst Tyler Radke lowered the price target on Veeva Systems (NYSE: VEEV) to $256.00 (from $274.00) while maintaining a Buy rating.

The analyst comments "The drumbeat of weaker macro in software continued with VEEV delivering a generally solid Q1 offset by a... More

RBC Capital Reiterates Outperform Rating on Veeva Systems (VEEV)

May 31, 2024 6:13 AM EDT

RBC Capital analyst Rishi Jaluria reiterated an Outperform rating and $250.00 price target on Veeva Systems (NYSE: VEEV).

The analyst comments "Veeva reported an overall solid start to the year, but another reset to guidance sent shares down 9% after-hours. Q1 revenue beat consistent with... More

Veeva Systems (VEEV) PT Lowered to $204 at BofA Securities

May 31, 2024 5:45 AM EDT

BofA Securities analyst Brad Sills lowered the price target on Veeva Systems (NYSE: VEEV) to $204.00 (from $240.00) while maintaining a Neutral rating.

The analyst comments "In summary, Veeva remains one of the best growth and margin businesses in software with low / mid teens... More

Veeva Systems (VEEV) PT Lowered to $200 at Evercore ISI

May 31, 2024 5:02 AM EDT

Evercore ISI analyst Kirk Materne lowered the price target on Veeva Systems (NYSE: VEEV) to $200.00 (from $230.00) while maintaining a In Line rating.

The analyst comments "Bottom Line: While progress on Vault CRM as well as continued traction around more nascent products such as Link, Compass, and Vault Basics is... More