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Fly News Breaks for February 28, 2018
VEEV
Feb 28, 2018 | 07:58 EDT
Canaccord analyst Richard Davis raised his price target on Veeva to $75 from $70 citing its better than expected Q4 results. The analyst said the company has several growth initiatives in process that range from significant new feature upsells to adjacent customer breadth moves. Davis, who believes investors will eventually figure out the shares could move sustainably higher, reiterated his Buy rating on Veeva shares.
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