Workday (WDAY) Reports Q3 Loss Per Share of 41c, Offers Q4 Guidance

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Go back to Workday (WDAY) Reports Q3 Loss Per Share of 41c, Offers Q4 Guidance

Piper Jaffray Takes Victory Lap After Weak Workday (WDAY) Guidance

November 20, 2015 8:55 AM EST

Katherine Eggbert from Piper Jaffray took a victory lap on Neutral-rated Workday (NYSE: WDAY) after the quarter. Despite showing upside in the quarter, management guided below consensus and the stock is indicated down 8% in the premarket. Eggbert had a Neutral rating and a $62 PT on the stock. The announcement of Aon... More

Wedbush Downgrades Workday (WDAY) to Neutral

November 20, 2015 7:18 AM EST

Wedbush downgraded Workday (NYSE: WDAY) from Outperform to Neutral with a price target of $84.00 (from $99.00), citing disappointing deceleration.

Analyst Steve Koenig commented, "WDAYs 3Q revenue beat was modest ($2M above consensus). Over the last two quarters, subscription growth has declined... More