Workday Unifies Financial and Workforce Planning With Transactions in One Cloud System
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Brean Capital Reiterates Sell on Workday (WDAY) Following Analyst Day and User Conference
September 28, 2016 11:05 AM EDTBrean Capital reiterated a Sell rating and $62.00 price target on Workday (NYSE: WDAY) following the company's Financial Analyst Day and User Conference. While the event was informative, Brean Capital believes that no new significant information was presented. The keynote was focused on highlighting its single unified platform consisting of one data model, one security model, one development environment and one single code base.
Analyst Yun Kim commented, "We attended WDAYs annual user conference (Workday Rising) and the... More
UBS Reiterates Buy on Workday (WDAY) Following Rising User Conference
September 28, 2016 9:17 AM EDTUBS reiterated a Buy rating and $94.00 price target on Workday (NYSE: WDAY) following the company's annual Rising user conference. WDAY gave ample evidence on growth potential, with inherent profitability, and unchanged competitive concerns. Management noted a $4Bn revenue potential by FY21, which implies a 5-yr 28% CAGR.
Analyst... More
Jefferies Raises Price Target on Workday (WDAY) to $79 Following User Conference and Analyst Day
September 28, 2016 7:56 AM EDTJefferies reiterated a Hold rating on Workday (NYSE: WDAY), and raised the price target to $79.00 (from $72.00), following the company's annual user conference and Analyst Day. Management announced the availability of the Planning, Learning, and Student products. It also discussed ongoing improvements to core HCM and... More
