Robert W. Baird Keeps a Buy Rating on Veeva Systems (VEEV)

Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Veeva Systems (VEEVResearch Report) on March 29 and set a price target of $288.00. The company’s shares closed last Wednesday at $214.01.

According to TipRanks.com, Vruwink is a 3-star analyst with an average return of 2.7% and a 45.2% success rate. Vruwink covers the Technology sector, focusing on stocks such as Manhattan Associates, Instructure Holdings, and Bentley Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Veeva Systems with a $256.24 average price target, a 20.3% upside from current levels. In a report issued on March 15, Leerink Partners also reiterated a Buy rating on the stock with a $268.00 price target.

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Veeva Systems’ market cap is currently $33.09B and has a P/E ratio of 81.80.

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Founded in 2007 and headquartered in California, Veeva Systems, Inc. is a leader in cloud-based software for the global life sciences industry. Its solutions are focused on pharmaceutical and life sciences industry applications.

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