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Workday (WDAY) volatility flat, expected to announce 7-year deal for IBM cloud services, WSJ says

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Drexel Hamilton Reiterates Buy on IBM (IBM) Following Announced Workday (WDAY) Partnership

August 15, 2016 11:05 AM EDT

Drexel Hamilton reiterated a Buy rating and $186.00 price target on IBM (NYSE: IBM) following the company's announcement that it has entered a multi-year strategic partnership with Workday (NYSE: WDAY). Given Workday's aggressive international expansion initiatives, Drexil Hamilton believes... More