Evercore ISI raised the firm’s price target on Veeva (VEEV) to $245 from $220 and keeps an In Line rating on the shares. While the firm sees “no major surprises” in the earnings report given the company already pre-announced at its analyst meeting in November, it argues that the question continues to be how the stock will handle any potential commercial losses to Salesforce (CRM) over the next year.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio