Workday (WDAY) Tops Q4 EPS by 8c

Workday (WDAY) PT Raised to $105 at Canaccord Genuity Following 4Q

Canaccord Genuity raised its price target on Workday (NYSE: WDAY) to $105.00 (from $90.00) while maintaining a Buy rating. Workday reported 4Q revenue of $436.7M, up 35% y-o-y, ahead of estimates by $6.4M. The firm generated non-GAAP EPS of $0.07 in the
quarter.

Analyst Richard Davis commented, "Last nights earnings call introduced some complexity to the story. Workday adopted ASC 606 a full year early. The firm wont guide calculated billings because the new accounting rules and increasing seasonality of the business makes that... More

Workday (WDAY) PT Raised to $84 at Jefferies; Reiterates Hold

Jefferies raised its price target on Workday (NYSE: WDAY) to $84.00 (from $71.00) while maintaining a Hold rating. Non-GAAP EPS of $0.07 was above consensus of ($0.01), while total revenue of $436.7M and subscription revenue of $365.2M were also better than Street estimates of $430.4M and $362.8M,... More

Workday (WDAY) PT Raised to $95 at Oppenheimer

Oppenheimer raised its price target on Workday (NYSE: WDAY) to $95.00 (from $88.00) while maintaining a Outperform rating following strong Q4 results but some added noise.

Analyst Brian Schwartz commented, "Workday's business finished 2016 strong with 4Q:FY2017 results and outlook that's mostly above consensus... More

Evercore ISI Downgrades Workday (WDAY) to Hold

Evercore ISI downgraded Workday (NYSE: WDAY) from Buy to Hold.

For an analyst ratings summary and ratings history on Workday click here. For more ratings news on Workday click here.

Shares of Workday closed at $90.19 yesterday.

Workday (WDAY) PT Raised to $91 at Wedbush Following 4Q Report

Wedbush raised its price target on Workday (NYSE: WDAY) to $91.00 (from $86.00) while maintaining a Neutral rating. Wedbush reported revenue of $437 was $6M above consensus, and 4Q EPS of $0.07 was above consensus of ($0.01).

Analyst Steve Koenig commented, "WDAY posted a typically solid beat... More