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Veeva initiated with a Market Perform at Cowen

Cowen analyst Charles Rhyee initiated coverage of Veeva Systems with a Market Perform rating and $184 price target. The analyst views Veeva as a market leader in the life sciences commercial industry but believes the stock’s valuation fairly reflects its near-term fundamentals. He looks to be more constructive as the company’s growth reaccelerates moving into fiscal 2025.

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Published first on TheFly

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