Workday's Increasing Sales Investments And AI Functionality Promise Robust Growth: Analyst Forecast
Portfolio Pulse from Nabaparna Bhattacharya
Oppenheimer analyst Brian Schwartz reiterated an Outperform rating on Workday, Inc. (NASDAQ:WDAY) with a price target of $240. The analyst believes Workday is well-positioned to benefit from strength in its core markets, increasing sales capacity investments, and AI functionality.
June 14, 2023 | 7:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Workday, Inc. (NASDAQ:WDAY) receives an Outperform rating from Oppenheimer analyst Brian Schwartz with a price target of $240, citing strong core markets, sales investments, and AI functionality.
The analyst's Outperform rating and price target of $240 indicate a positive outlook for Workday's stock. The company's strong core markets, increasing sales capacity investments, and AI functionality are expected to drive growth, which will likely have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100