Streetbeat News

Price Targets

WDAY

Workday, Inc. (NASDAQ:WDAY) exceeded Q3 earnings expectations with $1.56 per share against estimates of $1.41 and revenue of $1.87 billion over the forecast of $1.848 billion. The company anticipates Q4 subscription revenue of $6.598 billion and adjusted operating margins of 23.8%. Following the earnings report, Workday's stock rose 8% in pre-market trading, and several analysts raised their price targets for WDAY, maintaining positive ratings, except for Citigroup which kept a Neutral rating but still raised its target.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 12:37 pm

MU

Raymond James analyst Srini Pajjuri has maintained an Outperform rating on Micron Technology (NASDAQ:MU) and increased the price target from $76 to $82.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:37 pm

ARGX

Citigroup analyst Samantha Semenkow has maintained a Buy rating on argenx (NASDAQ:ARGX) but has reduced the price target from $610 to $591.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:33 pm

AKBA

BTIG analyst Julian Harrison has initiated coverage on Akebia Therapeutics (NASDAQ:AKBA) with a Buy rating and set a price target of $4.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:31 pm

INTU

Citigroup analyst Steven Enders has maintained a Buy rating on Intuit (NASDAQ:INTU) and increased the price target from $565 to $651.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:31 pm

WDAY

Citigroup analyst Steven Enders has maintained a Neutral rating on Workday (NASDAQ:WDAY) but increased the price target from $236 to $270. This adjustment reflects a more optimistic valuation of Workday's stock by Citigroup.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:29 pm

MRCY

B of A Securities analyst Ronald Epstein has reinstated Mercury Systems (MRCY) with an Underperform rating and set a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:29 pm

MVST

Cantor Fitzgerald analyst Derek Soderberg has initiated coverage on Microvast Holdings (NASDAQ:MVST) with an Overweight rating and set a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:26 pm

INTU

Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Intuit (NASDAQ:INTU) and increased the price target from $575 to $615.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:25 pm

WDAY

Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Workday (NASDAQ:WDAY) and increased the price target from $280 to $300.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:22 pm