Drexel Hamilton Cuts Price Target on Workday (WDAY) Despite a Strong 4Q Showing

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Needham & Company Reiterates Buy Following Workday's (WDAY) Strong '16 Close

March 1, 2016 8:32 AM EST

Needham & Company maintained a Buy rating on Workday (NYSE: WDAY), and cut the price target to $80.00 (from $92.00), After the company reported a strong close to FY16. 4Q revenues of $323.4mm came in ahead of Needham's $318mm estimates, While EPS of ($0.01) also beat estimates (-$0.06). WDAY reported its best Financials quarter... More

Piper Jaffray Raises Price Target on Workday (WDAY) Following Solid 4Q Results and Guidance

March 1, 2016 8:07 AM EST

Piper Jaffray reiterated a Neutral rating on Workday (NYSE: WDAY), and raised the price target to $61.00 (from $48.00), following the company's 4Q earnings report. WDAY beat the top end of revenue guidance by $3M, and logging subscription growth of 44%, overall revenue growth of 43%... More

JPMorgan Upgrades Workday (WDAY) to Overweight

March 1, 2016 7:50 AM EST

JPMorgan upgraded Workday (NYSE: WDAY) from Neutral to Overweight with a price target of $85.00.

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 $60.45 yesterday.

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Workday (WDAY) Tops Q4 EPS by 4c

February 29, 2016 4:02 PM EST

Workday (NYSE: WDAY) reported Q4 EPS of ($0.01), $0.04 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $323.4 million versus the consensus estimate of $319.63 million.

For earnings history and earnings-related data on Workday (WDAY) click here.

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S&P 500 slides below closely watched threshold

February 29, 2016 7:33 AM EST

By Noel Randewich

(Reuters) - Wall Street ended lower on Monday, falling out of lockstep with oil prices as energy and healthcare shares lost ground.

U.S. indexes gave up early gains despite a 3 percent rally in U.S. oil prices. Stocks and oil have been strongly correlated in recent months as crude prices tanked to decade lows, and their movements in opposite directions during the session was notable to investors.

Following gains last week, technical trading dominated the action as the S&P 500 fell below its 50-day moving average, a sign seen as bad for... More