Jefferies analyst, John DiFucci, reiterated his Hold rating on shares of Workday (NYSE: WDAY) but believes that that the company could report a strong F2Q after his checks suggest large HCM deal wins with marquee names and a HCM pipeline that remains healthy. Also, he believes F3Q started off well.

However, he is keeping his rating and price target of $92 due to the recent run up to a valuation of 15.2x EV/LTM and 11.8x EV/NTM subscription revenue.

For an analyst ratings summary and ratings history on Workday click here. For more ratings news on Workday click here.

Shares of Workday closed at $103.50 yesterday.

Analyst Comments

Workday (WDAY) PT Raised to $117 at Oppenheimer; Reiterates Outperform August 31, 2017 9:25 AM Workday (WDAY) PT Raised to $117 at BMO Capital on 2Q Report; 'Focus on Big Beat and Raise Story'August 31, 2017 8:59 AM Workday (WDAY) PT Raised to $106 at Jefferies Following 2Q Release August 31, 2017 7:59 AM Workday (WDAY) PT Raised to $116 at Mitsubishi UFJ, Positvely Revises EPS EstimatesAugust 31, 2017 5:46 AM Workday (WDAY) PT Raised to $114 at Goldman Sachs, Positively Revises EPS EstimatesAugust 31, 2017 5:17 AM Workday (WDAY) PT Raised to $120 at Piper JaffrayAugust 31, 2017 5:08 AM Workday (WDAY) PT Raised to $125 at Canaccord Genuity, Positively Revises EPS EstimatesAugust 31, 2017 4:49 AM Workday (WDAY) PT Raised to $108 at BarclaysAugust 31, 2017 4:16 AM Workday (WDAY) Tops Q2 EPS by 9c, Beats on Revenues; Boosts FY18 OutlookAugust 30, 2017 4:04 PM