Broker Price Target Changes for Medtronic and Veeva Systems
Multiple brokerages update price targets for Medtronic (MDT) and Veeva Systems (VEEV). Robert W. Baird lowers Medtronic target to $85.00, while Lerink Partners lowers to $104.00. For Veeva Systems, different firms issue a range of new targets from $235.00 to $340.00.
Robert W. Baird has taken a pessimistic stance on Medtronic (MDT), lowering their price target to $85.00 from $93.00 . This move contradicts the more optimistic forecast from Leerink Partners, which lowered their target to $104.00 and .
Multiple brokerages have weighed in on Veeva Systems (VEEV), with Robert W. Baird boosting the target to $260.00 . However, other firms have issued lower targets, such as Piper Sandler at $235.00 and Needham & Company LLC at $270.00 . BTIG Research issued the highest target of $340.00 .
The conflicting forecasts reflect the uncertainty surrounding the companies' performances.
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