Veeva Systems falls after brokerages cut PT

Veeva Systems

31/05/2024 16:04

** Shares of healthcare tech firm Veeva Systems  VEEV.N 
down 10.9% at $173.05
    ** Brokerages UBS, Morgan Stanley, and others cut PT
    ** Morgan Stanley cuts PT to $173 from $210, while UBS cuts
to $185 from $235
    ** Of 28 analysts covering VEEV stock, 18 rate it "buy" or
higher, nine "hold" and one "sell"; median PT of $246 - LSEG
data
    ** Including session's move, stock is down 10%, YTD

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))