Needham & Company Cuts Price Target on Workday (WDAY) Following 2Q16 Results

Nomura Securities Cuts Price Target on Workday (WDAY) Following 2Q16

August 27, 2015 9:59 AM EDT

Nomura Securities reiterated a Neutral rating on Workday (NYSE: WDAY), and cut the price target to $90.00 (from $105.00), following the company's 2Q16 earnings results. Workday reported F2Q16 billings of $312.4mn, 5% above the consensus estimate of $296.9mn. Total revenues were posted at $282.7mn (+51.4% yoy), above... More

Jefferies Cuts Price Target on Workday (WDAY) to $83 Following 2Q EPS Beat

August 27, 2015 9:44 AM EDT

Jefferies maintained a Hold rating on Workday (NYSE: WDAY), and cut the price target to $83.00 (from $92.00), following the company's 2Q16 earnings report. Non-GAAP EPS of $0.02 on total revenue of $282.7M and subscription of $223.7M exceeded Street estimates of ($0.06), $274M, and $219M, respectively.... More

Citi Upgrades Workday (WDAY) to Buy

August 27, 2015 9:03 AM EDT

Citi upgraded Workday (NYSE: WDAY) from Neutral to Buy.

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 $72.40 yesterday.

... More

Piper Jaffray Cuts Price Target on Workday (WDAY) to $66 Following 2Q16

August 27, 2015 8:49 AM EDT

Piper Jaffray maintained a Neutral rating on Workday (NYSE: WDAY), and cut the price target to $66.00 (from $87.00), following the company's 2Q16 earnings results. WDAY delivered upside in Q2, beating the top end of revenue guidance by $9M. An EPS upside of $0.07... More

Wedbush Cuts Price Target on Workday (WDAY) to $99 Following 2Q16

August 27, 2015 8:35 AM EDT

Wedbush maintained an Outperform rating on Workday (NYSE: WDAY), and cut the price target to $99.00 (from $108.00), following the company's 2Q16 earnings results. Subscription revenue of $224M was $1M higher than Wedbush's above-consensus estimate. Management raised full-year revenue guidance $13M at the top end to $1,158M.

Analyst Steve... More

After-Hours Stock Movers 08/26: (PVH) (AVGO) (SIRI) Higher; (VNET) (WSM) (TLYS) Lower (more...)

August 26, 2015 5:30 PM EDT

21Vianet Group (NASDAQ: VNET) 7.4% LOWER; reported Q2 EPS of (RMB0.28), versus (RMB0.16) reported last year. Revenue for the quarter came in at RMB866.8 million, versus RMB658 million reported last year. 21Vianet Group sees Q3 2015 revenue of RMB900-940 million. FY revenue is seen at RMB3.58B-$3.68 billion vs prior guidance of RMB3.91B-4.11 billion.

Williams-Sonoma (NYSE: WSM) 5.8% LOWER; reported Q2 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $1.13 billion versus the... More

Workday (WDAY) Q2 Revenue Tops Views, Offers Q3 Guidance

August 26, 2015 4:06 PM EDT

Workday (NYSE: WDAY) reported Q2 EPS of ($0.37), may not compare to the analyst estimate of ($0.06). Revenue for the quarter came in at $282.7 million versus the consensus estimate of $274.07 million.

Workday sees FY2015 revenue of $300-303 million, versus the consensus of $302.12... More

Trading Radar for 8/26: Abercrombie & Fitch (ANF), PVH Corp. (PVH), RBC (RY), Express (EXPR), Avago (AVGO) Report

August 25, 2015 2:17 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:30am EDT

Durable Orders - Street sees (0.6%)

Earnings:

Abercrombie & Fitch (NYSE:... More

Oppenheimer Cuts Price Target on Workday (WDAY) to $90 Ahead of 2Q16 Results

August 25, 2015 9:48 AM EDT

Oppenheimer maintained an Outperform rating on Workday (NYSE: WDAY), and cut the price target to $90.00 (from $110.00), ahead of the company's 2Q16 earnings results. Analyst Brian Schwartz recently conducted partner checks and consensus feedback, and was more positive on HCM demand than Financials. The checks discovered a F500... More

DA Davidson Upgrades Workday (WDAY) to Buy

August 25, 2015 8:35 AM EDT

DA Davidson upgraded Workday (NYSE: WDAY) from Neutral to Buy with a price target of $91.00.

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 $69.34 yesterday.

... More