How Analysts Rated Veeva Systems Inc. (NYSE:VEEV) Last Week?

Veeva Systems Inc. (NYSE:VEEV) Logo
Investors sentiment decreased to 1.25 in Q2 2019. Its down 0.48, from 1.73 in 2019Q1. It dropped, as 29 investors sold Veeva Systems Inc. shares while 154 reduced holdings. 94 funds opened positions while 135 raised stakes. 108.92 million shares or 0.04% less from 108.97 million shares in 2019Q1 were reported.
Sei Invs accumulated 557,946 shares or 0.3% of the stock. Marshall Wace Limited Liability Partnership holds 1,896 shares or 0% of its portfolio. Toronto Dominion Bancshares holds 19,532 shares or 0% of its portfolio. Bamco Ny stated it has 0.45% in Veeva Systems Inc. (NYSE:VEEV). Walter & Keenan Fincl Consulting Mi Adv stated it has 0.22% in Veeva Systems Inc. (NYSE:VEEV). 15 are owned by Tradewinds Cap Management Limited Co. Shine Invest Advisory holds 0.02% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 315 shares. Cypress Cap Ltd (Wy) reported 1,025 shares. Mackay Shields Lc holds 0.05% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 45,503 shares. New York-based Engineers Gate Manager Ltd Partnership has invested 0.47% in Veeva Systems Inc. (NYSE:VEEV). 124,189 were accumulated by United Svcs Automobile Association. Oppenheimer Co stated it has 0.04% in Veeva Systems Inc. (NYSE:VEEV). Illinois-based Envestnet Asset Incorporated has invested 0.03% in Veeva Systems Inc. (NYSE:VEEV). Stifel Fin Corp holds 0.06% in Veeva Systems Inc. (NYSE:VEEV) or 148,742 shares. 1,600 were accumulated by Cubic Asset Mgmt Ltd Limited Liability Company.

Veeva Systems Inc. (NYSE:VEEV) Ratings Coverage

Among 16 analysts covering Veeva Systems Inc. Class A Common Stock (NYSE:VEEV), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Veeva Systems Inc. Class A Common Stock has $20000 highest and $10300 lowest target. $174.38’s average target is 14.69% above currents $152.04 stock price. Veeva Systems Inc. Class A Common Stock had 26 analyst reports since May 22, 2019 according to SRatingsIntel. The firm has “Buy” rating by Guggenheim given on Wednesday, August 28. The rating was maintained by JP Morgan on Wednesday, August 28 with “Neutral”. The firm has “Hold” rating given on Thursday, May 30 by Canaccord Genuity. JMP Securities maintained the stock with “Market Outperform” rating in Thursday, May 30 report. The firm has “Outperform” rating given on Thursday, September 26 by Raymond James. The rating was maintained by Canaccord Genuity on Wednesday, August 28 with “Hold”. The company was maintained on Thursday, May 30 by Barclays Capital. The firm earned “Overweight” rating on Thursday, May 30 by Stephens. The stock has “Buy” rating by Needham on Wednesday, August 28. Stifel Nicolaus maintained Veeva Systems Inc. (NYSE:VEEV) rating on Friday, August 23. Stifel Nicolaus has “Buy” rating and $17500 target. Below is a list of Veeva Systems Inc. (NYSE:VEEV) latest ratings and price target changes.

03/10/2019 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $154.0000 New Target: $150.0000 Maintain
26/09/2019 Broker: Raymond James Old Rating: Market Perform New Rating: Outperform New Target: $180.0000 Upgrade
23/09/2019 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $152.0000 New Target: $154.0000 Maintain
28/08/2019 Broker: Stephens Rating: Overweight Old Target: $155.0000 New Target: $185.0000 Maintain
28/08/2019 Broker: SunTrust Rating: Buy Old Target: $150.0000 New Target: $180.0000 Maintain
28/08/2019 Broker: DA Davidson Rating: Buy Old Target: $165.0000 New Target: $200.0000 Maintain
28/08/2019 Broker: Needham Rating: Buy Old Target: $150.0000 New Target: $187.0000 Maintain
28/08/2019 Broker: JP Morgan Rating: Neutral Old Target: $150.0000 New Target: $183.0000 Maintain
28/08/2019 Broker: Guggenheim Rating: Buy Old Target: $154.0000 New Target: $180.0000 Maintain
28/08/2019 Broker: Canaccord Genuity Rating: Hold Old Target: $135.0000 New Target: $155.0000 Maintain

The stock increased 1.16% or $1.75 during the last trading session, reaching $152.04. About 984,771 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 120.73% since October 12, 2018 and is uptrending. It has outperformed by 120.73% the S&P500.

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company has market cap of $22.50 billion. The firm offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, which allow pharmaceutical and biotechnology companies to target and support sales and marketing to physicians, other healthcare professionals, and healthcare organizations through various touch points, including in-person, email, and online; and Veeva Vault, a cloud enterprise content management platform and suite of applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It has a 83.58 P/E ratio. It also provides Veeva Network master data management solutions for the management of customer master and product master data.

More notable recent Veeva Systems Inc. (NYSE:VEEV) news were published by: Seekingalpha.com which released: “Food For Thought Regarding Veeva’s Future – Seeking Alpha” on September 05, 2019, also Seekingalpha.com with their article: “Veeva To Acquire Crossix For Healthcare Media Tech – Seeking Alpha” published on October 03, 2019, Finance.Yahoo.com published: “Here is What Hedge Funds Think About PACCAR Inc (PCAR) – Yahoo Finance” on October 10, 2019. More interesting news about Veeva Systems Inc. (NYSE:VEEV) were released by: Finance.Yahoo.com and their article: “The Fuzzy Thinking of Mixing Growth and Value – Yahoo Finance” published on September 30, 2019 as well as Fool.com‘s news article titled: “Where Will Veeva Systems Be in 5 Years? – The Motley Fool” with publication date: September 21, 2019.

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart

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