Mizuho analyst Siti Panigrahi raised the firm’s price target on Workday to $260 from $250 and keeps a Buy rating on the shares. The company reported strong Q2 results, exceeding consensus estimates across the board, the analyst tells investors in a research note. Despite the macro uncertainty, Workday continues to execute well, both cross-selling effectively into the base and landing new deals and strong renewals, says the firm.
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