Workiva price target raised to $110 from $94 at Baird

Baird raised the firm’s price target on Workiva (WK) to $110 from $94 and keeps an Outperform rating on the shares. The firm said they reported another beat and raise quarter on top and bottom lines. The company continues to see an improved buying environment, driven by pending European regulations, ERP migrations, and strong pipeline of platform deals.