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Workday price target lowered to $250 from $285 at UBS

UBS analyst Karl Keirstead lowered the firm’s price target on Workday (WDAY) to $250 from $285 and keeps a Neutral rating on the shares ahead of the Q2 print on August 21. There was a slight tone downtick from partners compared to three months ago, with most falling slightly short of their growth targets and citing growth rate pressures, the analyst tells investors in a research note.

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