Workday price target raised to $330 from $285 at TD Cowen

TD Cowen raised the firm’s price target on Workday to $330 from $285 and keeps an Outperform rating on the shares. The firm previewed the quarter and said its checks are constructive on 4Q deal activity and they expect another solid quarter with modest upside to short-term sub backlog growth estimates and at least in-line guide.