Piper Sandler Maintains Overweight on Veeva Sys, Lowers Price Target to $245
Piper Sandler analyst Brent Bracelin maintains Veeva Sys (NYSE:VEEV) with a Overweight and lowers the price target from $275 to $245.
After-Hours Action: Why Veeva Systems Stock Is Down 10%
Veeva Systems Inc (NYSE: VEEV) shares are trading lower in Wednesday's after-hours session after the company reported financial results and issued topline guidance below analyst estimates.
Earnings Scheduled For August 31, 2022
Companies Reporting Before The Bell
• Hywin Holdings (NASDAQ:HYW) is expected to report earnings for its fourth quarter.
AMC Entertainment Price Target Cut By This Analyst, Plus DA Davidson Predicts $318 For Estée Lauder
DA Davidson cut the price target for The Estée Lauder Companies Inc. (NYSE: EL) from $342 to $318. Estée Lauder shares fell 0.4% to $264.29 in pre-market trading.
Barclays Maintains Equal-Weight on Veeva Sys, Raises Price Target to $222
Barclays analyst Saket Kalia maintains Veeva Sys (NYSE:VEEV) with a Equal-Weight and raises the price target from $195 to $222.
Here’s How Much $100 Invested In Veeva Sys 5 Years Ago Would Be Worth Today
Veeva Sys (NYSE:VEEV) has outperformed the market over the past 5 years by 18.73% on an annualized basis producing an average annual return of 29.58%. Currently, Veeva Sys has a market capitalization of $35.54 billion.
$100 Invested In Veeva Sys 5 Years Ago Would Be Worth This Much Today
Veeva Sys (NYSE:VEEV) has outperformed the market over the past 5 years by 15.77% on an annualized basis producing an average annual return of 25.46%. Currently, Veeva Sys has a market capitalization of $31.66 billion.
10 Analysts Have This to Say About Veeva Sys
Analysts have provided the following ratings for Veeva Sys (NYSE:VEEV) within the last quarter:
Court Rejects Medidata Lawsuit Against Veeva For Lack Of Evidence, Blocks Medidata’s Moves To Limit Competition And Employee Rights
The United States District Court for the Southern District of New York has dismissed the trade secret misappropriation lawsuit filed by Medidata, a Dassault Systèmes company, against Veeva Systems (NYSE:VEEV).