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Fly News Breaks for May 27, 2016
VEEV
May 27, 2016 | 05:50 EDT
JPMorgan analyst Sterling Auty raised his price target for Veeva Systems to $38 after the company reported 62% billings growth in Q1. The company saw "broad-based momentum across all products and geographies," Auty tells investors in a post-earnings research note. He maintains an Overweight rating on the shares.
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