Morgan Stanley Maintains Overweight on Workday, Raises Price Target to $260
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Workday (NASDAQ:WDAY) and raises the price target from $250 to $260.
August 25, 2023 | 1:14 pm
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Workday's price target has been raised from $250 to $260 by Morgan Stanley, which maintains an Overweight rating on the stock.
The raised price target indicates that Morgan Stanley sees potential for the stock's price to increase. The Overweight rating suggests that they believe the stock will outperform the market in the near future. This could lead to increased investor interest and a potential rise in the stock's price.
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IMPORTANCE 80
RELEVANCE 100