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Veeva price target raised to $280 from $230 at Piper Sandler

Piper Sandler raised the firm’s price target on Veeva (VEEV) to $280 from $230 and keeps an Overweight rating on the shares. The $6B revenue target for CY30 unveiled at the 2024 analyst session hints at the strong ambitions for Veeva to further penetrate the $2+ trillion life sciences industry, Piper told investors in a research note.

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