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

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

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

Workday (WDAY), Microsoft (MSFT) Enter Business Solutions Global Strategic Partnership

Microsoft Corp. (Nasdaq: MSFT) and Workday (NYSE: WDAY) announced a global, strategic partnership that will expand the business solutions joint customers can use to continually optimize the way work gets done. Through this partnership, the companies unveiled plans to deliver... More

Accenture (ACN) to Acquire Workday Consulting Provider DayNine

Accenture (NYSE: ACN) has entered into an agreement to acquire DayNine, a leading global Workday consulting and deployment services provider with vast expertise in helping organizations transform their employee experience and financial management systems to better navigate change and drive growth. The acquisition will extend Accentures already strong position in Workday and provide new value for clients.

Our clients are increasingly choosing Workday to drive their cloud transformations, so we are taking this important step to meet the growing demand, said Paul Daugherty, chief technology officer, Accenture. DayNine is a leading exclusive Workday... More