DA Davidson analyst Robert Simmons keeps a Buy rating and $280 price target on Workday ahead of its Q3 results next week. The firm states that its channel checks were “generally good”, suggesting “strong” ongoing demand generation and steady levels of deal closure. The analyst adds that DA Davidson expects the company to provide a look-ahead to next year, with modest upside relative to consensus.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WDAY:
- TD Cowen applications & data analyst holds analyst/industry conference call
- Workday price target raised to $270 from $260 at BofA
- Workday price target raised to $270 from $260 at JMP Securities
- Chase Coleman’s Tiger Global buys Elastic, exits Dlocal in Q3
- Workday price target raised to $310 from $265 at Evercore ISI