DA Davidson analyst Robert Simmons keeps a Buy rating and $280 price target on Workday while naming the stock to the firm’s s “Best-of-Breed Bison initiative which focuses on long-term best-in-class companies with sustainable competitive moats. Workday has an “outstanding business opportunity”, an “enduring moat”, a management team that “demonstrates transparency and honesty with shareholders”, and a “compelling risk/reward”, the analyst tells investors in a research note.
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