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Barclays upgrades Veeva Systems, cuts Rapid7 as software may split in 2023

Jan. 04, 2023 8:14 AM ETVeeva Systems Inc. (VEEV) Stock, RPD StockBy: Chris Ciaccia, SA News Editor

Veeva Systems sign near cloud-computing company focused on pharmaceutical and life sciences industry applications

Michael Vi/iStock Editorial via Getty Images

Investment firm Barclays upgraded cloud-computing company Veeva Systems (NYSE:VEEV) and downgraded cybersecurity company Rapid7 (NASDAQ:RPD) on Wednesday, noting that the software market could see a wide split in 2023.

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