Deutsche Bank Maintains Hold Rating for Workday: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Deutsche Bank has maintained its Hold rating for Workday (NASDAQ:WDAY) and increased its price target from $215.00 to $235.00. Workday's shares are currently trading up 3.76% over the last 24 hours, at $233.31 per share. A move to $235.00 would account for a 0.72% increase from the current share price.
August 25, 2023 | 5:01 pm
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Deutsche Bank maintains its Hold rating for Workday and raises its price target. This could potentially lead to a slight increase in Workday's stock price.
The news of Deutsche Bank maintaining its Hold rating and raising its price target for Workday is directly related to Workday's stock. This could potentially lead to a slight increase in the stock price as it indicates a positive outlook from the bank. However, as the rating is 'Hold', it suggests that the bank does not expect a significant change in the stock price in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100