Morgan Stanley Maintains Overweight on Workday, Lowers Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Overweight rating on Workday (NASDAQ:WDAY) but lowered the price target from $260 to $245.
September 28, 2023 | 1:06 pm
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Workday's price target has been lowered from $260 to $245 by Morgan Stanley, though the Overweight rating is maintained.
The news is directly about Workday and its rating by Morgan Stanley. The lowering of the price target might indicate a slightly less optimistic outlook for the company, but the maintained Overweight rating suggests that the analyst still sees the stock as a good investment. This could have a neutral impact on the stock's price in the short term.
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