JMP Securities Reiterates Market Outperform on Workday, Maintains $260 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating on Workday (NASDAQ:WDAY) and maintained a price target of $260.
September 08, 2023 | 4:58 pm
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POSITIVE IMPACT
Workday's stock is likely to be positively impacted in the short term due to the reiterated Market Outperform rating and maintained price target of $260 by JMP Securities.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The reiteration of a Market Outperform rating indicates that the analyst believes the stock will do better than the overall market in the near future. This, coupled with the maintained price target of $260, suggests a positive outlook for Workday's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100