RBC Capital raised the firm’s price target on Veeva (VEEV) to $275 from $250 and keeps an Outperform rating on the shares. The company’s investor day presentation reiterated Q3 guidance, as well as 2025 targets, and also unveiled a new long-term / 2030 target implying 15% growth CAGR and 35% operating margins, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VEEV: