Canaccord Genuity Maintains Buy on Workday, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes has reaffirmed a Buy rating on Workday (NASDAQ:WDAY) and increased the price target from $260 to $290, signaling confidence in the company's future performance.
November 29, 2023 | 3:05 pm
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Canaccord Genuity analyst David Hynes maintains a Buy rating on Workday and raises the price target from $260 to $290, indicating a positive outlook on the stock.
The increase in price target by Canaccord Genuity reflects a strong vote of confidence in Workday's prospects, likely leading to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100