Canaccord analyst David Hynes lowered the firm’s price target on Veeva to $170 from $185 and keeps a Hold rating on the shares. The analyst said they reported typically solid, upside Q4 results as seasonally strong billings should translate to strong cash generation in Q1.
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Published first on TheFly
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Read More on VEEV:
- Veeva price target raised to $230 from $215 at JMP Securities
- Veeva price target lowered to $197 from $205 at Barclays
- Veeva sees FY24 adjusted EPS about $4.33, consensus $4.46
- Veeva Announces Fourth Quarter and Fiscal Year 2023 Results
- Veeva sees Q1 adjusted EPS 79c-80c, consensus $1.00
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