BMO Capital Maintains Outperform on Workday, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester maintains an Outperform rating on Workday (NASDAQ:WDAY) but lowers the price target from $338 to $300.
May 24, 2024 | 3:02 pm
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NEUTRAL IMPACT
BMO Capital's analyst Daniel Jester maintains an Outperform rating on Workday but lowers the price target from $338 to $300.
The Outperform rating suggests continued confidence in Workday's performance, but the lowered price target indicates some caution about its near-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100