Needham Reiterates Buy on Workday, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has reiterated a 'Buy' rating on Workday (NASDAQ:WDAY) and maintained a price target of $250.
September 28, 2023 | 11:29 am
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Workday's stock rating has been reiterated as 'Buy' by Needham analyst Scott Berg, with a maintained price target of $250.
The reiteration of a 'Buy' rating by a reputable analyst like Scott Berg from Needham is a positive signal for Workday. It indicates that the analyst continues to have confidence in the company's performance and prospects. The maintained price target of $250 also suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100