BMO lowers Veeva Systems target price on AI concerns

hk.investing.com (Chinese)

BMO lowered Veeva Systems' target price due to concerns about artificial intelligence impacting its services. Despite exceeding first-quarter expectations and raising its full-year guidance, BMO cited AI worries as a short-term pressure on the stock. Veeva Systems launched an AI platform, Veeva Falcon, and several analysts have adjusted their price targets, with some maintaining positive ratings.


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BMO lowers Veeva Systems target price on AI concerns | News Minimalist