# TD Cowen

Type: Company

Source: SaaS Intelligence Brief — https://getsaasbrief.com/entity/td-cowen
Canonical HTML page: https://getsaasbrief.com/entity/td-cowen

## Recent coverage (2 stories)

### SaaS Valuation Stress: Klaviyo's 896x P/E Draws Wall Street Zen Hold
2026-08-13 01:19:31 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

SaaS and cloud operators are watching Klaviyo as a high-multiple vertical SaaS proxy. Wall Street Zen's Buy-to-Hold cut, after Q2 revenue of $370.58 million and EPS in line, shows how quickly a premium valuation can compress when growth doesn't exceed expectations.
Full story: https://getsaasbrief.com/story/saas-klaviyo-wall-street-zen-hold-896-pe

### Analysts Recalibrate Veeva Systems Outlook Amid Vault CRM Migration
2026-03-08 13:44:57 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

TD Cowen and Canaccord Genuity Group have significantly lowered their price targets for Veeva Systems (VEEV) following a complex quarterly update. While the company maintains a bullish long-term revenue outlook, analysts are increasingly focused on execution risks surrounding its proprietary CRM migration and recent competitive pressures.
Full story: https://getsaasbrief.com/story/veeva-systems-price-target-cuts-analysis-2026

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