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Stock impact report

Veeva: The Market Has Favorably Reappraised This Great Business [Seeking Alpha]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
SummaryVeeva's stock price has had a strong run over the last few months, increasing 30% YTD.The utility of Veeva's offering will increase during the coronavirus pandemic and should result in additional sales expansion.At current multiples, investors are better off waiting for a pullback in price.What a difference a couple of months makes! After languishing for the better part of six months, Veeva's (VEEVVeeva has benefited from a flight to safety, providing one of the few places to hide in the midst of an overall downturn in the market. Veeva's stable life sciences customer base will hold up better than most as far as the drag on economic activity continues across industries. The unique nature of the pandemic that we are witnessing is only going to make Veeva's core collaboration products all the more valuable and likely spur expansion within existing accounts.Business Strength Across All AreasVeeva came into the pandemic in a position of strength. The company reported a very strong Show less Read more
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