Stifel Maintains Hold on Workday, Raises Price Target to $230
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Brad Reback maintains a 'Hold' rating on Workday (NASDAQ:WDAY) and raises the price target from $205 to $230.
August 25, 2023 | 1:48 pm
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NEUTRAL IMPACT
Stifel analyst maintains a 'Hold' rating on Workday and raises the price target from $205 to $230.
The news is directly related to Workday (WDAY). The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $205 to $230 indicates a positive outlook, but as it's not a rating upgrade, the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100