New Service Center in Veeva Vault CRM Suite Unifies Sales and Service
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August 29, 2024 5:35 AM EDT
Evercore ISI analyst Kirk Materne raised the price target on Veeva Systems (NYSE: VEEV) to $220.00 (from $200.00) while maintaining a In Line rating.
The analyst comments "Veeva delivered strong F2Q results with total revenue of $676.2mn (+15% y/y), above our/Street estimates of $667.5mn/$667.8mn and EPS of $1.62 also above our/Street estimates of $1.53. Billings came in at $611mn (+11%) vs. expectations of $605.9mn due primarily to strong bookings in the quarter. Despite an uneven macro environment (no change since last quarter), subscription revenue and billings guidance was raised for 2H,... More
August 27, 2024 10:29 AM EDT
Citi analyst Tyler Radke raised the price target on Veeva Systems (NYSE: VEEV) to $273.00 (from $256.00) while maintaining a Buy rating.
The analyst comments "We are more optimistic into 2Q results with Life Science read-thrus showing stable to improving demand trends while... More
