JMP Securities Maintains Market Outperform on Veeva Systems, Raises Price Target to $345
JMP Securities analyst Joe Goodwin maintains Veeva Systems (NYSE:VEEV) with a Market Outperform and raises the price target from $320 to $345.
10 Biggest Price Target Changes For Thursday
Morgan Stanley cut Autodesk, Inc. (NASDAQ: ADSK) price target from $334 to $324. Autodesk shares rose 0.3% to $304.20 in pre-market trading.
Veeva Clocks 29% Revenue Growth In Q2, Raises FY22 Outlook
Industry cloud solutions provider Veeva Systems Inc (NYSE: VEEV) reported second-quarter FY22 revenue growth of 29% year-on-year to $455.6 million beating the analyst…
Needham Maintains Buy on Veeva Systems, Raises Price Target to $385
Needham analyst Ryan MacDonald maintains Veeva Systems (NYSE:VEEV) with a Buy and raises the price target from $336 to $385.
SVB Leerink Maintains Market Perform on Veeva Systems, Raises Price Target to $296
SVB Leerink analyst Stephanie Davis maintains Veeva Systems (NYSE:VEEV) with a Market Perform and raises the price target from $294 to $296.
10 Stocks Moving In Wednesday’s After-Hours Session
Gainers
INmune Bio (NASDAQ: INMB) shares are trading higher after the company announced XPro has been found to decrease multiple species of Phospho Tau and improve neuroimaging biomarkers of myelination in patients with AD.
Veeva Sees Q3 Adj. EPS $0.87-$0.88 vs $0.86 Est., Sales $464M-$466M vs $459.94M Est.; Sees FY22 Adj. EPS ~$3.57 vs $3.47 Est., Sales $1.3B-$1.835B vs $1.82B Est.
inancial Outlook:
Veeva is providing guidance for its fiscal third quarter ending October 31, 2021 as follows:
Total revenues between $464 and $466 million.
Non-GAAP operating income between $179 and $181
Veeva Systems Q2 Adj. EPS $0.94 Beats $0.87 Estimate, Sales $455.60M Beat $451.93M Estimate
Veeva Systems (NYSE:VEEV) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.87 by 8.05 percent. This is a 30.56 percent increase over earnings of $0.72 per share from the same