Wells Fargo Maintains Overweight on Workday, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Workday (NASDAQ:WDAY) and increased the price target from $260 to $300.
August 23, 2024 | 2:19 pm
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Wells Fargo has reaffirmed its Overweight rating on Workday and increased the price target to $300, indicating confidence in the company's future performance.
The increase in price target from $260 to $300 by Wells Fargo suggests a positive outlook on Workday's future performance. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100