Wells Fargo raised the firm’s price target on Veeva (VEEV) to $326 from $300 and keeps an Overweight rating on the shares. The firm believes investor sentiment is “incrementally cautious” into the company’s fiscal Q2 report while the company’s guidance is low enough to generate a beat. Veeva’s “solid” business momentum seems little changed from the prior quarter, the analyst tells investors in a research note.
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