Citi analyst Steven Enders lowered the firm’s price target on Workday (WDAY) to $247 from $261 and keeps a Neutral rating on the shares. The company reported a “modest beat” in fiscal Q3 but its organic growth outlook remains mixed, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDAY:
- Workday price target lowered to $290 from $300 at Wells Fargo
- Workday’s Strong Financial Performance and AI-Driven Growth Justify Buy Rating
- Workday price target lowered to $280 from $288 at Barclays
- Workday’s Resilience and AI Advancements Drive Buy Rating Amid Market Challenges
- Workday Reports Strong Q3 Growth and Strategic Advances