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Veeva Systems (VEEV) Gets a Buy from TD Cowen

Tipranks - Tipranks - Thu Aug 27, 11:36PM CDT

TD Cowen analyst Charles Rhyee maintained a Buy rating on Veeva Systems today and set a price target of $283.00.

According to TipRanks, Rhyee is a 4-star analyst with an average return of 5.5% and a 53.86% success rate. Rhyee covers the Healthcare sector, focusing on stocks such as McKesson, Icon, and Charles River Labs.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Veeva Systems with a $252.55 average price target.

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Based on Veeva Systems’ latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $882.95 million and a net profit of $260.94 million. In comparison, last year the company earned a revenue of $759.04 million and had a net profit of $228.19 million

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