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Nordea Investment Management boosts stake in Veeva Systems by 8.3% amid strong earnings and stock buyback plan.

Market News
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Nordea Investment Management increased its holdings in Veeva Systems by 8.3% in Q4, owning over 566,000 shares valued at $126.7 million. Veeva Systems recently reported better-than-expected quarterly earnings and revenue, with a 16% revenue increase year-over-year. The company also announced a $2 billion stock repurchase program, signaling confidence in its undervalued shares. Analysts maintain a moderate buy consensus with a target price around $283.70, despite some recent price target reductions.

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