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Fly News Breaks for March 1, 2017
VEEV
Mar 1, 2017 | 08:38 EDT
Morgan Stanley analyst Stan Zlotsky said Veeva reported an impressive quarter and outlook and continues to view the company as a rare asset in software, combinign growth, leverage,a nd an expanding TAM story. The analyst does not believe Veeva's optionality outside of life sciences is reflected in valuation and said the company has a long runway for growth going forward. Zlotsky rates Veeva an Overweight with a $53 price target.
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