Goldman Sachs Maintains Buy on Workday, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Buy rating on Workday (NASDAQ:WDAY) and raises the price target from $270 to $310.
February 27, 2024 | 4:22 pm
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Goldman Sachs maintains a Buy rating on Workday and increases the price target to $310.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting an expectation of higher future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100