Veeva Systems (VEEV) Tops Q2 EPS by 2c

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UBS Cuts Price Target on Veeva Systems (VEEV) Following 2Q16 Earnings Results

August 28, 2015 9:56 AM EDT

UBS maintained a Buy rating on Veeva Systems (NYSE: VEEV), and cut the price target to $32.00 (from $35.00), following the company's 2Q16 earnings results. VEEV reported billings growth of $96 million compared to the Street's estimate of $92 million. Due to a client request to shift the renewal date,... More

Leerink Partners Cuts Price Target on Veeva Systems (VEEV) Following EPS Beat

August 28, 2015 8:35 AM EDT

Leerink Partners reiterated a Market Perform rating on Veeva Systems (NYSE: VEEV), and cut the price target to $28.00 (from $35.00), following the company's 2Q16 earnings report. Veeva reported revenue of $98.1m in the quarter, beating FactSet consensus by $2m. EPS for the quarter came in at $0.13,... More