Veeva Systems Inc Class A

VEEV: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$488.00	Ldc	Lggxvdnt

We Are Lowering Wide-Moat Veeva's FVE to $257 Due To Revised Outlook; Shares Still Attractive

Keonhee Kim

Oct 20, 2022

After taking a fresh look at our key valuation assumptions, we have lowered our fair value estimate roughly 7% to $257 per share due to our revised outlook of segment growth.

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