BMO Capital Maintains Outperform Rating for Workday: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Outperform rating for Workday (NASDAQ:WDAY) and increased its price target from $240.00 to $260.00. Despite a 0.11% decrease in Workday's shares over the last 24 hours, the new price target represents a potential 12.73% increase from the current share price.
August 16, 2023 | 5:00 pm
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Workday's Outperform rating has been maintained by BMO Capital, with a raised price target of $260. This suggests a potential 12.73% increase from the current share price.
BMO Capital's decision to maintain its Outperform rating for Workday and raise its price target suggests a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price, hence the score of 1. The relevance is 100 as the news is directly about Workday. The importance is rated 80 as analyst ratings can significantly influence investor sentiment and stock performance. The confidence level is 90, based on the clear information provided in the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100