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Workday price target raised to $260 from $225 at DA Davidson

DA Davidson raised the firm’s price target on Workday (WDAY) to $260 from $225 and keeps a Neutral rating on the shares. The firm cites the company’s Aalyst Day where new product announcements and financial disclosures make DA Davidson “incrementally positive” towards Workday’s opportunity to benefit from Agentic AI adoption, the analyst tells investors in a research note. Workday is making it easier for customers to adopt new agents across the enterprise, the firm added.

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