Veeva Systems (VEEV), boosted by some big sales, blew past analyst Q2 expectations, and its stock soared to a five-month high. Veeva stock was up more than 19% in midday trading in the stock market today, just below 30, its highest price since late March. JPMorgan raised its price target on Veeva stock to 32 from 27 while Canaccord Genuity hiked its target to 33 from 30. Both rate Veeva stock overweight, or buy. Veeva provides customer
Veeva Systems (VEEV), Ocwen Financial (OCN) and 3D Systems (DDD) are among the latest additions to stocks with the best fundamental performance. Today’s Screen Of The Day is Top Fundamentals, companies with three-year sales and earnings growth rates of at least 25%. The five hottest newcomers to this week’s list include Veeva, Ocwen, Trinity Industries (TRN), BitAuto (BITA) and 3D Systems. Newly minted Veeva, which began trading on Oct. 16,
Veeva Systems (VEEV) stock rose 1.5% in early trading Friday after the recent IPO late Thursday delivered Q3 results and gave a Q4 outlook that beat Wall Street views. Veeva was trading near 41.50 in the stock market today. Earlier, it was up more than 8%. Veeva made its stock market debut Oct. 16, pricing at $20 a share. Veeva provides customer relationship management software to the life science industry. The software helps pharmaceutical and