Workday (WDAY) PT Lowered to $239 at BMO Capital
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Go back to Workday (WDAY) PT Lowered to $239 at BMO Capital
May 27, 2022 8:56 AM EDT
Monness, Crespi, Hardt analyst Brian White lowered the price target on Workday (NASDAQ: WDAY) to $200.00 (from $230.00) while maintaining a Buy rating following earnings.
The analyst commented, "Last night, Workday reported mixed 1Q:FY23 results, issued a guarded 2Q:FY23 outlook, and adjusted its... More
May 27, 2022 7:48 AM EDT
Shares of Workday (NASDAQ: WDAY) are down more than 8% in premarket trading Friday after the company reported worse-than-expected adjusted Q1 EPS.
Workday posted Q1 adjusted EPS of 83c, compared to 87c in the year-ago period and below the analyst consensus of 85c per share. Revenue came in at $1.43 billion, up 22% YoY and in line with the analyst estimates. Subscription revenue stood at $1.27 billion, up 23% YoY and in line with the expectations.
Looking ahead, WDAY expects Q2... More
