Workiva price target raised to $103 from $100 at BMO Capital

BMO Capital analyst Daniel Jester raised the firm’s price target on Workiva (WK) to $103 from $100 and keeps an Outperform rating on the shares. The company reported solid Q3 results with upside on revenue and margin, while bookings growth was roughly consistent with the firm’s model, the analyst tells investors in a research note. Workiva is benefiting from some of the cross-sell and pricing/packaging efforts underway this year, the firm added.