JP Morgan Maintains Overweight on Workday, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy has maintained an Overweight rating on Workday (NASDAQ:WDAY) and increased the price target from $245 to $260.
November 29, 2023 | 12:09 pm
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POSITIVE IMPACT
Workday's stock may see a positive short term impact due to JP Morgan's Overweight rating and raised price target from $245 to $260.
Analyst ratings and price target adjustments from major banks like JP Morgan can influence investor sentiment and stock prices. The increase in price target suggests a positive outlook on Workday's performance, which may lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100