Needham & Company Raises Price Target on Veeva Systems (VEEV) Following 2Q report

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Stifel Raises Price Target on Veeva Systems (VEEV) to $43 Following 2Q Beat and Raise

August 31, 2016 10:24 AM EDT

Stifel reiterated a Buy rating on Veeva Systems (NYSE: VEEV), and raised the price target to $43.00 (from $40.00), following the company's 2Q earnings report. Total revenue of $131.3mn came in ahead of consensus of $126.5mn. EPS of $0.15 beat Street expectations of $0.13. Management issued 3Q17 guidance of $134.5-$136.0mn (Street $133.1mn)... More

After-Hours Stock Movers 08/30: (VEEV) (GSAT) (NCS) Higher; (AVAV) (MDCO) (HRB) (PANW) Lower (more...)

August 30, 2016 5:44 PM EDT

Today's After-Hours Movers

AeroVironment (NASDAQ: AVAV) 13.3% LOWER; reported Q1 EPS of ($0.51), may not compare to the analyst estimate of ($0.17). Revenue for the quarter came in at $36.2 million versus the consensus estimate of $37.81 million.

The Medicines Company (Nasdaq: MDCO) 8% LOWER; provided an update on its clinical dyslipidemia research programs for MDCO-216 (which contains APoA-1 Milano) and PCSK9si (PCSK9 synthesis inhibitor). MDCO-216. A planned, interim analysis of the first 40 randomized patients completing treatment in the MILANO-PILOT... More

Veeva Systems (VEEV) Tops Q2 EPS by 2c; Issues Street Guidance

August 30, 2016 4:06 PM EDT

Veeva Systems (NYSE: VEEV) reported Q2 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $131.3 million versus the consensus estimate of $126.57 million.

GUIDANCE:

Veeva Systems sees Q3 2017 EPS of $0.15-$0.16, versus the consensus of... More

Trading Radar for 8/30: Abercrombie & Fitch (ANF), Palo Alto Networks (PANW), Veeva Systems (VEEV) Report

August 29, 2016 2:58 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
9:00am EDT

Case-Shiller 20-city Index - Street sees 5.1%

Earnings:

Abercrombie & Fitch (NYSE: ANF) - consensus loss... More