Stifel Maintains Hold on Workday, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Hold rating on Workday (NASDAQ:WDAY) and raises the price target from $250 to $270.
August 23, 2024 | 11:33 am
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Stifel analyst Brad Reback maintains a Hold rating on Workday and raises the price target from $250 to $270, indicating a positive outlook.
The increase in price target from $250 to $270 suggests a positive outlook for Workday, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100