Veeva price target raised to $240 from $235 at Scotiabank

Scotiabank raised the firm’s price target on Veeva (VEEV) to $240 from $235 and keeps a Sector Perform rating on the shares. The company reported results above the high end of guidance for all metrics, consistent with expectations shared during investor day, the analyst tells investors in a research note. The firm is “pleased” by Veeva’s two newly announced generative artifice intelligence solutions coming late 2025.