Workday price target raised to $315 from $265 at UBS

UBS raised the firm’s price target on Workday to $315 from $265 and keeps a Neutral rating on the shares ahead of the Q4 print on February 26. Feedback from four large partners remained solid, if not slightly better than three months ago, and the firm feels more comfortable on the revenue and backlog setup into the print, the analyst tells investors in a research note.