Canaccord Genuity Maintains Buy on Workday, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a Buy rating on Workday and raises the price target from $270 to $300.
August 23, 2024 | 12:30 pm
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POSITIVE IMPACT
Canaccord Genuity analyst David Hynes has reaffirmed a Buy rating for Workday and increased the price target from $270 to $300, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can boost investor confidence and potentially lead to a short-term increase in Workday's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100