Raymond James lowered the firm’s price target on Workiva (WK) to $95 from $105 and keeps an Outperform rating on the shares. Workiva’s Q2 results broadly exceeded expectations, but still factored a more reserved second half 2025 leading to an effectively unchanged growth outlook, the analyst tells investors in a research note. While noise surrounding sustainability is likely to persist, the results are significantly better than feared, with an outlook that increasingly looks de-risked, Raymond James contends.
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