Morgan Stanley Reiterates Overweight on Workday, Maintains $260 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has reiterated an Overweight rating on Workday (NASDAQ:WDAY) and maintained a price target of $260.
September 26, 2023 | 2:15 pm
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POSITIVE IMPACT
Workday's stock rating has been reiterated as Overweight by Morgan Stanley, with a maintained price target of $260.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley generally indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a subsequent rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100