Wells Fargo Sticks to Its Buy Rating for Veeva Systems (VEEV)

Wells Fargo analyst Stan Berenshteyn reiterated a Buy rating on Veeva Systems (VEEV) and set a price target of $320.00. This recommendation comes as Berenshteyn has an average return of -5.6% and a 50.00% success rate focusing on the Healthcare sector. Veeva Systems recently reported strong quarterly revenues of $882.95 million and a net profit of $260.94 million, showing significant growth compared to the previous year.