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Workday price target lowered to $220 from $235 at Piper Sandler

Piper Sandler lowered the firm’s price target on Workday (WDAY) to $220 from $235 and keeps an Underweight rating on the shares. Workday’s Q2 results were better than feared, but there was not enough upside to print and guidance to reverse sentiment, the analyst tells investors in a research note.

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