Veeva Announces Fiscal 2017 Second Quarter Results
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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 EDTStifel 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
Needham & Company Raises Price Target on Veeva Systems (VEEV) Following 2Q report
August 31, 2016 7:27 AM EDTNeedham & Company reiterated a Buy rating Veeva Systems (NYSE: VEEV) price target of $43.00 (from $38.00), following the company's 2Q earnings report. VEEV reported Revenues and EPS of $131.3mm and $0.15, ahead of $126.3mm/$0.13 estimates.
Analyst Scott Berg commented, "Veeva reported another impressive quarter with revenue... More
