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Fly News Breaks for May 25, 2018
VEEV
May 25, 2018 | 07:36 EDT
Canaccord analyst David Hynes raised his price target on Veeva to $85 from $75 following Q1 results. The analyst said he has every reason to believe the company's growth should be sustainable for at least the next few years. The analyst admits the shares are expensive, but believes it is because it also has the best prospects for growth. He would look for pullbacks to add to positions. Hynes reiterated his Buy rating on Veeva shares.
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