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Fly News Breaks for March 2, 2016
VEEV
Mar 2, 2016 | 07:32 EDT
Canaccord believes Veeva is an exceptionally well positioned and well-run business and thinks its shares are likely to outperform the overall stock market. The firm cited its multi-billion dollar TAM opportunity and expectations for $1B in revenues by around 2020. Canaccord reiterated its Buy rating and lowered its price target to $32 from $35 on Veeva shares.
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