Workday (WDAY) Tops Q1 EPS by 2c, Company Offers Guidance
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UBS Trims PT on Workday (WDAY) to $111; Reflects Recent Multiple Compression in SaaS Comp Group
May 28, 2014 11:25 AM EDTUBS is cutting its price target on Workday, Inc. (NYSE: WDAY) from $121 down to $111 following Q1 results.
Analyst Brent Thill noted a beat-and-raise quarter from Workday, much like other SaaS vendors. Customer and deal metrics continue to improve,... More
Goldman Sachs Comments on Workday's (WDAY) Q1; Analyst Raises Price Target to $90
May 28, 2014 7:35 AM EDTGoldman Sachs maintained an Neutral rating on Workday (NYSE: WDAY) and raised its price target to $90 (from $79). Comments follow Q1 results.
Analyst Heather Bellini said, "WDAY guided to F2Q15 total revenue of $173.0-178.0mn (+61-65% yoy) vs. consensus of $171mn (+59% yoy), which assumes Subscription of $137-140mn (+69-73% yoy). FY15 sales were forecasted to be... More
