Workday price target raised to $300 from $249 at Macquarie

Macquarie analyst Frederick Havemeyer raised the firm’s price target on Workday to $300 from $249 and keeps a Neutral rating on the shares, following a “solid” in-line Q4 earnings report. Additionally, the analyst applauded “continued gains in FINS and steady momentum with partners,” but feels the stock’s valuation “seems fair at current levels.”