A report released today by Bank of America (Merrill Lynch) about Workday Inc (NYSE:WDAY) ups the target price to $96.00
- Updated: March 20, 2017
In a statement issued on 3/20/2017 Bank of America (Merrill Lynch) upped the price target of Workday Inc (NYSE:WDAY) to $96.00 indicating a possible upside of 0.12%.
On 2/28/2017, Citigroup Inc reported on Workday Inc (NYSE:WDAY) raised the target price from $73.00 to $77.00. At the time, this indicated a possible downside of -0.08%.
Only yesterday Workday Inc (NYSE:WDAY) traded 0.01% higher at $85.38. Workday Inc’s 50-day average is $85.07 and its two hundred day average is $82.83. With the last stock price close up 2.58% relative to the two hundred day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 50,234 shares of the stock were exchanged, down from an avg. volume of 1,842,650
Recent Performance Chart
With a market cap of $0, Workday Inc has 52 week low of $65.79 and a 52 week high of $93.35 .
A total of 34 analysts have released a report on Workday Inc. 10 brokerages rating the stock a strong buy, nine equity analysts rating the company a buy, fifteen equity analysts rating the company a hold, one analyst rating the company a underperform, and finally one firm rating the stock a sell with a consensus target price of $78.94.
About Workday Inc (NYSE:WDAY)
Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. It operates in the cloud applications segment. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working. Its applications include Workday Financial Management, Workday Human Capital Management (HCM) and Workday Insight Applications. It also provides open, standards-based Web-services application programming interfaces, and pre-built packaged integrations and connectors. Workday Financial Management provides the finance functions of general ledger, global accounting, accounts payable, accounts receivable and cash management and asset management, among others.
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