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Workday (WDAY) Tops Q3 EPS by 19c, Revenues Beat; Raises Outlook

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Jefferies Sees Workday (WDAY) Set Up for Run in 2021, Upside to Both Revenue and Margins

November 17, 2020 8:04 AM EST

Jefferies analyst Brent Thill reiterated a Buy rating and $260.00 price target on Workday (NASDAQ: WDAY) citing the company as a "long" and a "Core Holding" into 2021. Estimates appear conservative with expected top line growth of +16% vs 20% last Q and 23% two quarters ago. Consensus also implies only... More