Oppenheimer Maintains Workday Inc to Outperform with Price Target $100.00

Brokerage firm Oppenheimer Maintains its rating on Workday Inc(NYSE:WDAY). In a research note issued to the investors, the brokerage major Raises the price-target to $100.00 per share. The shares have been rated Outperform. The rating by Oppenheimer was issued on Sep 30, 2016.

In a different note, On Sep 28, 2016, Brean Capital said it Maintains its rating on Workday Inc. The shares have been rated ‘Sell’ by the firm. On Sep 28, 2016, Jefferies said it Maintains its rating on Workday Inc. In the research note, the firm Raises the price-target to $72.00 per share. The shares have been rated ‘Hold’ by the firm. On Sep 28, 2016, UBS said it Maintains its rating on Workday Inc. The shares have been rated ‘Buy’ by the firm. On Sep 28, 2016, Citigroup said it Maintains its rating on Workday Inc. The shares have been rated ‘Neutral’ by the firm. On Sep 28, 2016, BTIG Research said it Maintains its rating on Workday Inc. The shares have been rated ‘Buy’ by the firm. On Sep 28, 2016, Wedbush said it Upgrades its rating on Workday Inc. The shares have been rated ‘Neutral’ by the firm.

Workday Inc (WDAY) shares turned negative on Tuesdays trading session with the shares closing down -0.69 points or -0.76% at a volume of 11,73,806. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $91.75. The peak price level was also seen at $91.75 while the days lowest was $90.22. Finally the shares closed at $90.49. The 52-week high of the shares is $92.46 while the 52-week low is $47.32. According to the latest information available, the market cap of the company is $18,098 M.

Workday Inc(WDAY) last announced its earnings results on Aug 24, 2016 for Fiscal Year 2017 and Q2.Company reported revenue of $377.72M. Analysts had an estimated revenue of $372.67M. Earnings per share were $-0.04. Analysts had estimated an EPS of $-0.02.

Several Insider Transactions has been reported to the SEC. On Sep 28, 2016, Michael A. Stankey (Vice Chairman) sold 112,400 shares at $88.84 per share price.Also, On Sep 19, 2016, Philip W Wilmington (co-President) sold 15,631 shares at $87.89 per share price.On Sep 19, 2016, Mark S Peek (co-President) sold 1,562 shares at $87.35 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Company’s 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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