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Needham & Company Reiterates Buy Following Workday's (WDAY) Strong '16 Close

March 1, 2016 8:32 AM EST

Needham & Company maintained a Buy rating on Workday (NYSE: WDAY), and cut the price target to $80.00 (from $92.00), After the company reported a strong close to FY16. 4Q revenues of $323.4mm came in ahead of Needham's $318mm estimates, While EPS of ($0.01) also beat estimates (-$0.06). WDAY reported its best Financials quarter... More

Piper Jaffray Raises Price Target on Workday (WDAY) Following Solid 4Q Results and Guidance

March 1, 2016 8:07 AM EST

Piper Jaffray reiterated a Neutral rating on Workday (NYSE: WDAY), and raised the price target to $61.00 (from $48.00), following the company's 4Q earnings report. WDAY beat the top end of revenue guidance by $3M, and logging subscription growth of 44%, overall revenue growth of 43%... More