Wedbush Upgrades Workday (WDAY) to Neutral

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

Oppenheimer reiterated an Outperform rating on Workday (NYSE: WDAY), and raised the price target to $100.00 (from $90.00), following customer checks. Of customers surveyed, ~52% are live, in implementation, or plan to review or purchase Workday Financials over the next three years vs. 74% and 52% in the 2015 and 2013 surveys.... 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

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