Workday Gets Price Target Hikes By Analysts Following Upbeat Q1 Results, Shares Surge
Portfolio Pulse from Lisa Levin
Workday Inc (NASDAQ:WDAY) reported better-than-expected Q1 results with revenue of $1.68 billion, up 17.4% YoY, and earnings of $1.31 per share. The company also appointed Zane Rowe as CFO. Following the announcement, several analysts raised their price targets on Workday shares.
May 26, 2023 | 11:01 am
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Workday's Q1 results beat estimates, leading to several analysts raising their price targets on the stock.
Workday reported better-than-expected Q1 results, with revenue and earnings both beating estimates. This positive news led to several analysts raising their price targets on the stock, which is likely to have a positive short-term impact on the stock price.
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