Veeva price target raised to $280 from $275 at Mizuho

Mizuho raised the firm’s price target on Veeva (VEEV) to $280 from $275 and keeps an Outperform rating on the shares. Channel checks indicate Veeva’s cloud software outlook is robust and accelerating, as evidenced by the company’s fiscal 2025 guidance raise, the analyst tells investors in a research note. The firm expects the stock to react favorably to the overall “beat and raise” quarter.