Loop Capital Maintains Hold on Workday, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a 'Hold' rating on Workday (NASDAQ:WDAY) and raises the price target from $210 to $235.
August 25, 2023 | 3:39 pm
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NEUTRAL IMPACT
Workday's price target has been raised from $210 to $235 by Loop Capital, while maintaining a 'Hold' rating.
The news is directly about Workday (WDAY). Loop Capital's decision to maintain a 'Hold' rating indicates a neutral stance, suggesting that the stock is fairly valued at current levels. However, the increase in price target from $210 to $235 could be seen as a positive signal, indicating potential upside. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100