Macquarie raised the firm’s price target on Workday to $249 from $225 and keeps a Neutral rating on the shares. The company reported a “nice” fiscal Q3 with top- and bottom-line beats and its initial fiscal 2025 outlook bracketed consensus expectations, the analyst tells investors in a research note. The firm is encouraged by Workday already exceeding its fiscal 2024 sign-on target for referral partner.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WDAY:
- Workday (NASDAQ:WDAY) Soars after Impressing Analysts with Robust Q3 Results
- Workday price target raised to $300 from $280 at DA Davidson
- Workday price target raised to $290 from $260 at BMO Capital
- Workday price target raised to $300 from $270 at BofA
- Workday price target raised to $285 from $260 at TD Cowen