Jefferies Raises Price Target on Workday (WDAY) to $79 Following User Conference and Analyst Day
- Wall Street turns defensive on Trump's protectionist stance
- Aetna's (AET) Humana (HUM) Takeover Blocked by Judge as Anticompetative
- Trump signs order withdrawing U.S. from Trans-Pacific trade deal
- Qualcomm (QCOM) Thrashed as Apple (AAPL) Lawsuit Threatens Licensing Business Model
- McDonald's (MCD) Tops Q4 EPS by 3c
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
Jefferies reiterated a Hold rating on Workday (NYSE: WDAY), and raised the price target to $79.00 (from $72.00), following the company's annual user conference and Analyst Day. Management announced the availability of the Planning, Learning, and Student products. It also discussed ongoing improvements to core HCM and Financials applications.
Analyst John DiFucci commented, "We attended Workday's annual user conference and Analyst Day today in Chicago. The event was largely focused on incremental updates to Workday's products and technology, with an emphasis on the new Planning product and upcoming analytics additions across all products."
Shares of Workday closed at $89.79 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Procter & Gamble (PG) PT Raised to $96 at UBS Following 2Q Report
- Preferred Bank (PFBC) PT Raised to $65 at FBR Capital Following 4Q EPS Beat
- Halliburton (HAL) PT Raised to $65 at Evercore ISI
Create E-mail Alert Related CategoriesAnalyst Comments, Analyst EPS Change, Analyst PT Change
Related EntitiesJefferies & Co
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!