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Workday assumed with a Neutral at Goldman Sachs

Goldman Sachs assumed coverage of Workday (WDAY) with a Neutral rating and $238 price target The firm assumed coverage of 12 stocks in the software sector. Goldman believes artificial intelligence adoption will be a “positive tailwind” to the software total addressable market over the next ten years. The analyst says Workday’s next phase of share gains may be more difficult to achieve.

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