Brokerage Firm Rating Update on Workday (WDAY)

Workday (WDAY) : Zacks Investment Research ranks Workday (WDAY) as 3, which is a Hold recommendation. 13 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 22 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 39 research analysts is 2.46, which indicates as a Buy.

Workday (WDAY) : The most positive equity analysts on Workday (WDAY) expects the shares to touch $110, whereas, the least positive believes that the stock will trade at $56 in the short term. The company is covered by 37 Wall Street Brokerage Firms. The average price target for shares are $85.84 with an expected fluctuation of $12.08 from the mean.


Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains their rating on the shares of Workday (NYSE:WDAY). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $88 per share from $87 per share. The rating by the firm was issued on August 26, 2016.

Workday (NYSE:WDAY): stock was range-bound between the intraday low of $88.885 and the intraday high of $90.73 after having opened at $89.98 on Wednesdays session. The stock finally closed in the red at $89.98, a loss of -0.91%. The stock remained in the red for the whole trading day. The total traded volume was 1,766,148 shares. The stock failed to cross $90.73 in Wednesdays trading. The stocks closing price on Thursday was $90.1.

Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for a range of companies, educational institutions and government agencies. The Companys applications include Workday Financial Management, Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff, pay, organize, and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.

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