Oppenheimer Raises price Target on Workday (WDAY) to $100 Following Customer Checks

Canaccord Genuity Raises Price Target on Workday (WDAY) to $110; Reiterates Buy

Canaccord Genuity reiterated a Buy rating on Workday (NYSE: WDAY), and raised the price target to $110.00 (from $98.00). Canaccord believes that WDAY has grown into its valuation and that the stock will begin to advance on a sustainable basis.

Analyst Richard Davis... More

Push to digital helps Accenture beat revenue estimate

By Rishika Sadam

(Reuters) - Consulting and outsourcing services provider Accenture Plc (NYSE: ACN) reported better-than-expected quarterly revenue and profit as its investments to boost digital and cloud services pay off.

Shares of the company were up 5.4 percent on Thursday and was the biggest boost on the S&P 500. They touched a record high of $124.96 earlier in the session.

Increasing demand for digital services from businesses has forced IT service providers to beef up their security, cloud and analytics services.... More

Brean Capital Reiterates Sell on Workday (WDAY) Following Analyst Day and User Conference

Brean Capital reiterated a Sell rating and $62.00 price target on Workday (NYSE: WDAY) following the company's Financial Analyst Day and User Conference. While the event was informative, Brean Capital believes that no new significant information was presented. The keynote was focused on highlighting its single unified platform consisting of one data model, one security model, one development environment and one single code base.

Analyst Yun Kim commented, "We attended WDAYs annual user conference (Workday Rising) and the... More

UBS Reiterates Buy on Workday (WDAY) Following Rising User Conference

UBS reiterated a Buy rating and $94.00 price target on Workday (NYSE: WDAY) following the company's annual Rising user conference. WDAY gave ample evidence on growth potential, with inherent profitability, and unchanged competitive concerns. Management noted a $4Bn revenue potential by FY21, which implies a 5-yr 28% CAGR.

Analyst... More

Workday (WDAY): Analyst Day Notes - BMO

BMO Capital analyst, Keith Bachman, reiterated his Market Perform on Workday (NYSE: WDAY) after the company's analyst day. The analyst is more bullish on Workdays prospects to generate meaningful share gains in financials, and thus attractive revenue growth over the next few... More

Jefferies Raises Price Target on Workday (WDAY) to $79 Following User Conference and Analyst Day

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... More

Workday (WDAY): Reiterating Hold After Annual Conference - Needham

Needham & Company analyst, Scott Berg, reiterated his Hold rating on shares of Workday (NYSE: WDAY) after speaking with roughly two dozen partners and customers at the company's annual conference, Rising. The analyst believes Financials lag expectations, limiting near-term billings upside relative to its high... More

Wedbush Upgrades Workday (WDAY) to Neutral

Wedbush upgraded Workday (NYSE: WDAY) from Underperform to Neutral with a price target of $82.00 (from $69.00).

Analyst Steve Koenig commented, "Our upgrade of WDAY shares is based on a more positive perception of potential 2H sales activity, following a 1H which we think wasnt as good as generally believed. Our integrator checks and analysis suggested that the... More