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Adobe Stock Has Underperformed Its Peers. Earnings Could Give a Boost.
Customer attrition has led to a decline in Veeva (VEEV.US) stock prices. Baird reassures the market: the financial impact is manageable and maintains a "Shareholding" rating.
An executive from Veeva Systems, a Global provider of cloud solutions for the life sciences Industry, stated that a customer switched to Salesforce, causing the stock to drop by about 5% on Wednesday and eliciting reactions from Analysts.
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Veeva Dips After Customer Chooses Salesforce, Baird Sees Ramifications Manageable
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