tiprankstipranks
Advertisement
Advertisement

Guggenheim upgrades Workday to Buy on growth prospects

Guggenheim upgraded Workday (WDAY) to Buy from Neutral with a $285 price target When the environment improves, Workday will be well positioned to accelerate growth, the analyst tells investors in a research note. The firm believes the shares are trading as if the company won’t grow again. It sees Workday growing double digits for the foreseeable future even if the environment remains relatively stagnant. Guggenheim says Workday is a better positioned company today than it was a few years ago.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1