Workiva (WK) Tops Q3 EPS by 11c

Go back to Workiva (WK) Tops Q3 EPS by 11c

Credit Suisse Downgrades Workiva (WK) to Neutral

November 10, 2016 6:59 AM EST

Credit Suisse downgraded Workiva (NYSE: WK) from Outperform to Neutral with a price target of $16.00 (from $18.00).

Analyst Michael Nemeroff commented, "ful EPS beat but mgmt. was forced to lower their Q4 revenue guidance by ~7% due to elongated sales cycles as WK pursues larger, enterprise-wide... More