Fly News Breaks for March 4, 2015
VEEV
Mar 4, 2015 | 13:55 EDT
JPMorgan expects shares of Veeva will stabilize and begin to recover as investors realize many of the company's contracts renew in Q4, making the billings growth slowdown in Q1 the result of seasonality. The firm says that while growth will be lumpy quarter to quarter, it still expects billings growth of 25% and subscription growth of over 30% for the full year. It keeps an Overweight rating on the stock. Shares of Veeva are down $6.75 to $25.94 in afternoon trading after the company reported Q4 results last night.
News For VEEV From the Last 2 Days
There are no results for your query VEEV