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Wells Fargo Keeps Their Buy Rating on Veeva Systems (VEEV)

Tipranks - Tipranks - Thu Mar 12, 6:10AM CDT

Wells Fargo analyst Stan Berenshteyn maintained a Buy rating on Veeva Systems today and set a price target of $317.00.

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Berenshteyn covers the Healthcare sector, focusing on stocks such as Omnicell, Healthequity, and Omada Health, Inc.. According to TipRanks, Berenshteyn has an average return of -10.9% and a 39.68% success rate on recommended stocks.

In addition to Wells Fargo, Veeva Systems also received a Buy from William Blair’s Dylan Becker in a report issued yesterday. However, on March 5, BMO Capital maintained a Hold rating on Veeva Systems (NYSE: VEEV).

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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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