Drexel Hamilton Raises Price Target on Workday (WDAY) Following 3Q Beat

Oppenheimer Cuts Price Target on Workday (WDAY) Following 3Q; Reiterates Outperform

Oppenheimer maintained an Outperform rating on Workday (NYSE: WDAY), and cut the price target to $88.00 (from $100.00), following the company's 3Q earnings report. Total revenue of $410M was ~$9M above consensus. EPS of $0.03 was $0.07 above consensus. Total revenue guidance of $427-430M is below the $434M consensus; and subscription... More

Pre-Open Stock Movers 12/02: (NVCN) (FIVE) (ULTA) Higher; (CVM) (WDAY) (AMBA) Lower (more...)

Today's Pre-Open Stock Movers

Neovasc, Inc., (NASDAQ: NVCN) 87.8% HIGHER; Boston Scientific Corporation (NYSE: BSX) today announced a definitive agreement to acquire certain manufacturing assets and capabilities of the Neovasc, Inc., (NASDAQ: NVCN) (TSX: NVC) advanced biological tissue business, as well as a 15% equity stake in Neovasc, for a total of $75 million in cash. The Neovasc advanced biological tissue business makes elements used in transcatheter heart valves, including the Boston Scientific Lotus Valve System.* Upon completion of the transaction, the... More

Jefferies Cuts Price Target on Workday (WDAY) to $71 Following 3Q

Jefferies maintained a Hold rating on Workday (NYSE: WDAY), and cut the price target to $71.00 (from $79.00), following the company's 3Q earnings report. Non-GAAP EPS of $0.03 was above consensus of ($0.04), total revenue of $409.6M and subscription revenue of $335.7M were also better than consensus... More

Cowen Cuts Price Target on Workday (WDAY) Following 3Q

Cowen maintained a Market Perform rating on Workday (NYSE: WDAY), and cut the price target to $73.00 (from $83.00), following the company's 3Q report. WDAY reported a modest 3Q billings beat. However, the slippage of several large deals that were planned to close in... More

BTIG Cuts PT on Workday (WDAY) to $88 Following Q3 Results; Affirms at 'Buy'

BTIG lowers its price target on Buy-rated Workday (NYSE: WDAY) from $97 to $88 following Q317 results reported Thursday night.

The firm commented today, Workday reported a slight beat to Street estimates for their fiscal 3Q. The stock is down though ~12% in the after-market,... More

After-Hours Stock Movers 12/01: (FIVE) (ULTA) (ASNA) Higher; (WDAY) (AMBA) (GIII) Lower (more...)

Today's After-Hours Movers

CEL-SCI Corporation (NYSE: CVM) 28% LOWER; announced that it intends to offer and sell, subject to market and other conditions shares of its common stock and warrants to purchase common stock. The securities are to be sold by CEL-SCI subject to market and other conditions in a public offering.

Five Below (NASDAQ: FIVE) 13.1% HIGHER; reported Q3 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $199.5 million versus the consensus estimate... More

Workday (WDAY) Tops Q3 EPS by 7c

Workday (NYSE: WDAY) reported Q3 EPS of $0.03, $0.07 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $409.6 million versus the consensus estimate of $400.44 million.

GUIDANCE:

Workday sees FY2017 revenue of $1.560-1.563 billion, versus the consensus of $1.56... More

Workday (WDAY) volatility and put volume increases into Q3 and outlook)

Workday (NYSE: WDAY) December weekly call option implied volatility is at 175, December is at 60, January is at 40; compared to its 52-week range of 29 to 80 into the expected release of Q3 results today. Call put ratio is 1 call to 2.4 puts.