Morgan Stanley analyst Keith Weiss raised the firm’s price target on Workday (WDAY) to $255 from $250 and keeps an Equal Weight rating on the shares. Following “mixed” Q1 results, the “narrative tilts towards the bear” as decelerating like for like cRPO trends “leave open the durability of growth question,” the analyst tells investors in a post-earnings note.
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Read More on WDAY:
- Workday price target lowered to $250 from $285 at Loop Capital
- Workday price target lowered to $300 from $320 at Oppenheimer
- Workday’s Resilience and Strategic Growth: A Buy Rating Amidst Market Challenges
- Workday price target lowered to $325 from $348 at Bernstein
- Workday price target lowered to $275 from $310 at Stifel
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