Workiva price target lowered to $90 from $110 at Truist

Truist analyst Terry Tillman lowered the firm’s price target on Workiva (WK) to $90 from $110 but keeps a Buy rating on the shares. The company’s Q4 results reflect Workiva’s strong market leadership as a trusted system of record managing critical financial and non-financial data while powering advanced hard-to-replace workflows across financial reporting, GRC and sustainability, the analyst tells investors in a research note.