Stephens Sticks to Its Buy Rating for Veeva Systems (VEEV)
Stephens analyst maintained a Buy rating on Veeva Systems today and set a price target of $324.00.
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In addition to Stephens, Veeva Systems also received a Buy from Barclays’s Saket Kalia in a report issued today. However, on the same day, TipRanks – Anthropic downgraded Veeva Systems (NYSE: VEEV) to a Hold.
Based on Veeva Systems’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $835.95 million and a net profit of $244.2 million. In comparison, last year the company earned a revenue of $720.89 million and had a net profit of $195.63 million
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- Veeva price target raised to $215 from $205 at Morgan Stanley
- 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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