Wells Fargo Maintains Overweight on Workday, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Workday (NASDAQ:WDAY) and raises the price target from $250 to $260.
May 26, 2023 | 11:43 am
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Workday and raises the price target from $250 to $260.
The news of Wells Fargo maintaining an Overweight rating on Workday and raising the price target from $250 to $260 is positive for the stock. This indicates that the analyst believes the stock will outperform the market in the short term. The higher price target also suggests that there is potential for the stock price to increase, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100