Piper Sandler Maintains Overweight on Workday, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Workday (NASDAQ:WDAY) but lowered the price target from $288 to $275.
September 28, 2023 | 8:15 am
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Workday's price target has been lowered from $288 to $275 by Piper Sandler, though the Overweight rating is maintained.
The news directly pertains to Workday as Piper Sandler has lowered its price target for the company. However, the Overweight rating is maintained, indicating that the analyst still sees potential upside for the stock. This could have a neutral impact on the stock's price in the short term as the lowered price target might be offset by the maintained positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100