Goldman Sachs Maintains Buy on Workday, Raises Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Buy rating on Workday (NASDAQ:WDAY) and increased the price target from $300 to $305.
September 19, 2024 | 12:30 pm
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Goldman Sachs has reaffirmed its Buy rating on Workday and slightly increased the price target to $305, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a slight increase in the price target by a major financial institution like Goldman Sachs suggests a positive outlook for Workday. This can lead to increased investor confidence and potentially a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100