Workiva price target raised to $92 from $85 at Stifel

Stifel analyst Brad Reback raised the firm’s price target on Workiva (WK) to $92 from $85 and keeps a Buy rating on the shares after having attended Workiva’s in-person investor day that was held alongside its annual customer conference. Workiva Amplify. Management reiterated its 2027 and 2030 operating models and raised its 2027 adjusted operating margin target to 18% from 16%, while conversations with customers suggested positive sentiment, the analyst tells investors following the event.