Movement Alert｜Veeva Falls 3.09% in After-Hours Trading, Barclays Raises Price Target to $375

Market Focus06:51

On October 29, Veeva fell 3.09% in After-Hours Trading, trading at $309.8 per share, with turnover of $2.5562 million.

The most recent catalyst in public reports was Barclays raising its price target on Veeva to $375 from $360, while the stock still moved lower in after-hours activity.

Supporting context remained broadly constructive: Veeva carried an average analyst rating of overweight, with a mean price target near $301.65. Earlier in October, Baird also lifted its target to $350 from $300. The company’s latest quarterly results were ahead of expectations, with revenue of $928.0 million and adjusted EPS of $2.35, and management raised full-year guidance to about $9.21 in adjusted EPS on revenue of $3.682 billion to $3.687 billion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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