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Workday price target raised to $288 from $285 at Barclays

Barclays raised the firm’s price target on Workday (WDAY) to $288 from $285 and keeps an Overweight rating on the shares. The firm sees day one of the company’s conference as a small positive for the shares. Management lowered the medium-term growth targets slightly, but this was more than offset by significantly raised margins, the analyst tells investors in a research note.

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