JMP Securities Maintains Market Outperform on Workday, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has maintained a Market Outperform rating on Workday (NASDAQ:WDAY) and increased the price target from $260 to $270.
November 16, 2023 | 5:56 pm
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POSITIVE IMPACT
JMP Securities analyst Patrick Walravens maintains a bullish stance on Workday, raising the price target to $270, which may positively influence investor sentiment.
The increase in price target by JMP Securities reflects a positive outlook on Workday's performance and potential growth, which is likely to be viewed favorably by investors. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100