Canaccord Genuity Maintains Buy on Workday, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a Buy rating on Workday (NASDAQ:WDAY) but lowers the price target from $305 to $270.

May 24, 2024 | 12:39 pm
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Canaccord Genuity analyst David Hynes maintains a Buy rating on Workday but lowers the price target from $305 to $270.
The Buy rating suggests continued confidence in Workday's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100