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Stock impact report

Wall Street Bulls Look Optimistic About Veeva (VEEV): Should You Buy? [Yahoo! Finance]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Veeva Systems (VEEV). Veeva currently has an average brokerage recommendation (ABR) of 1.97, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 27 brokerage firms. An ABR of 1.97 approximates between Strong Buy and Buy. Of the 27 recommendations that derive the current ABR, 14 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 51.9% and 11.1% of all recommendations. Check price target & stock forecast for Veeva here While the ABR calls for buying Veeva, it may not be wise to make an investment decision solely based on this information. Several studies have sho Show less Read more
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