Northland Capital Markets Maintains Outperform on Workiva, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Workiva (NYSE:WK) but lowered the price target from $106 to $95.
August 02, 2024 | 6:05 pm
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Northland Capital Markets has maintained an Outperform rating on Workiva but lowered the price target from $106 to $95. This suggests continued confidence in the company's performance, albeit with a slightly reduced growth expectation.
The maintained Outperform rating indicates that the analyst still sees positive performance potential for Workiva. However, the lowered price target reflects a tempered growth outlook, which could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100