Workday price target raised to $210 from $185 at Stifel

Stifel analyst Brad Reback raised the firm’s price target on Workday to $210 from $185 and keeps a Buy rating on the shares following a "solid" Q4 report and an update to FY24 guidance that narrows the subscription revenue range to 17-18%, but sustains the revenue mid-point. The firm continues to believe Workday provides an "attractive level of growth given their growing profitability."