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Veeva price target raised to $230 from $217 at Truist

Truist analyst Jailendra Singh raised the firm’s price target on Veeva (VEEV) to $230 from $217 and keeps a Hold rating on the shares. The company reported a “strong” Q1 beat and raise quarter, and while Veeva is seeing more uncertainty, the management’s FY26 guide assumes that the macro continues roughly as it is now with deals progressing, contracts renewing, and projects proceeding, the analyst tells investors in a research note.

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