Sector Update: Technology

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Technology shares were mixed in pre-market trade Tuesday.

In technology stocks news, Amazon.com, Inc. ( AMZN ) shares were up 0.74% to $377.80 in pre-market trading after analysts at Oppenheimer raised their price target on the stock to $455 from $440 a share.

The new price target represents a 20% rise from the stock's current trading price. Oppenheimer left its outperform rating on the stock unchanged.


And, Veeva Systems ( VEEV ) edged higher in pre-market trade Tuesday after saying it has filed a registration statement with the U.S. Securities and Exchange Commission for a public offering of its shares, some of which will be sold by the company and some by existing shareholders.

VEEV was higher 0.3% in recent pre-market trade. The stock is trading near the lower end of the 52-week range between $28.71 and $49.00.



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This article appears in: Investing , Commodities

Referenced Stocks: AMZN , VEEV

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