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Workday price target raised to $360 from $330 at Wells Fargo

Wells Fargo raised the firm’s price target on Workday (WDAY) to $360 from $330 and keeps an Overweight rating on the shares. Consistent with the firm preview, Workday delivered against lowered growth expects and inc. margins post restructuring, the firm notes. Wells expects margin unlock to push shares higher in 2025.

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