JPMorgan analyst Mark Murphy lowered the firm’s price target on Workday (WDAY) to $270 from $290 and keeps an Overweight rating on the shares. The company’s “sufficiently healthy” Q3 results were offset by a “conservative” Q4 outlook.
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Read More on WDAY:
- Workday price target raised to $280 from $255 at Morgan Stanley
- Workday price target lowered to $240 from $250 at UBS
- Workday price target lowered to $320 from $340 at RBC Capital
- Workday’s Growth Potential and Stability: A Buy Rating Supported by Strategic Acquisitions and AI Advancements
- Workday’s Strong Q3 Performance and AI-Driven Growth Justify Buy Rating Despite cRPO Concerns