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Workday price target raised to $250 from $230 at DA Davidson

DA Davidson raised the firm’s price target on Workday (WDAY) to $250 from $230 and keeps a Neutral rating on the shares after its in-line Q1 results and 220bps margin beat. The company continues to invest for growth and aggressively pursue the poll position in managing AI Agents from its roots in human capital management, the analyst tells investors in a research note.

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