Canaccord Genuity Raises Price Target on Workday (WDAY) to $110; Reiterates Buy
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Oppenheimer Raises price Target on Workday (WDAY) to $100 Following Customer Checks
September 30, 2016 10:11 AM EDTOppenheimer 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
Push to digital helps Accenture beat revenue estimate
September 29, 2016 7:36 AM EDTBy Rishika Sadam
(Reuters) - Consulting and outsourcing services provider Accenture Plc (NYSE: ACN) reported better-than-expected quarterly revenue and profit as its investments to boost digital and cloud services pay off.
Shares of the company were up 5.4 percent on Thursday and was the biggest boost on the S&P 500. They touched a record high of $124.96 earlier in the session.
Increasing demand for digital services from businesses has forced IT service providers to beef up their security, cloud and analytics services.... More
