Morgan Stanley Maintains Overweight on Workday, Raises Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Overweight rating on Workday (NASDAQ:WDAY) and increased the price target from $245 to $295.
November 29, 2023 | 3:46 pm
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Morgan Stanley analyst Keith Weiss has reaffirmed Workday's Overweight rating and raised the price target to $295, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Keith Weiss from Morgan Stanley typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100