Veeva added to Q1 ‘Tactical Ideas List’ at Wells Fargo

Wells Fargo added Veeva (VEEV) to the firm’s Q1 “Tactical Ideas List.” The firm believes Veeva is poised to re-rate higher on improving line of sight to Vault CRM retention. Other positive Q1 catalysts may be FY26 guidance, accelerating uptake of data cloud, new AI products, and clarity around its horizontal app strategy, Wells says. The firm has an Overweight rating on the shares with a price target of $285.