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veeva systems nyseveev downgraded by zacks research to hold

TAX_FNCACT_INSIDERTAX_FNCACT_ANALYSTSWB_698_TRADEWB_1362_MEDICAL_EQUIPMENT

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AI insight

AI-generated

Analyst downgrade and price target cuts for Veeva Systems (NYSE: VEEV), a cloud software provider for life sciences. The downgrade reflects cautious sentiment but no specific commercial mechanism (supply/demand/cost) is identified. Impact is single-company/stock-specific, not sector-wide.

Signals our AI researcher identified

Extracted by our AI model from this article and related public sources β€” not direct quotes from the publisher.

  • Veeva Systems downgraded from strong-buy to hold by Zacks Research on May 16, 2026.
  • Wells Fargo lowered price target from $333.00 to $317.00.
  • Shares opened at $159.03, 52-week range $148.05-$310.50.
  • Q1 2026 EPS $2.06 beat estimates; FY 2027 guidance 8.850 EPS.
  • Institutional ownership 88.20%.

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