Piper Sandler Reaffirms Their Buy Rating on Veeva Systems (VEEV)
In a report released today, Hannah Rudoff from Piper Sandler maintained a Buy rating on Veeva Systems, with a price target of $285.00.
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According to TipRanks, Rudoff is an analyst with an average return of -23.6% and a 7.14% success rate. Rudoff covers the Technology sector, focusing on stocks such as Microsoft, Adobe, and AppFolio.
In addition to Piper Sandler, Veeva Systems also received a Buy from TipRanks – xAI’s xAi Medical – Healthcare Information Services in a report issued today. However, on the same day, BMO Capital maintained a Hold rating on Veeva Systems (NYSE: VEEV).
Based on Veeva Systems’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $811.24 million and a net profit of $236.2 million. In comparison, last year the company earned a revenue of $699.21 million and had a net profit of $185.81 million
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- Veeva price target raised to $245 from $212 at Stifel
- Veeva price target raised to $235 from $200 at Canaccord
- Strong Near-Term Execution but Uncertain Long-Term Growth Drivers Justify Hold on Veeva
- Veeva price target lowered to $317 from $333 at Wells Fargo
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