A statement released earlier today by Wedbush about Workday Inc (NYSE:WDAY) raises the target price to $82.00
- Updated: October 2, 2016
Workday Inc (NYSE:WDAY) had its target price bumped up to $82.00 by Wedbush in an issued report announced 9/28/2016. The updated stock price target implies a potential downside of -0.09% based on the company's most recent stock price close.
On 9/16/2016, Deutsche Bank released a statement for Workday Inc (NYSE:WDAY) bumped up the target price from $75.00 to $85.00 that suggested a downside of -0.04%.
Boasting a price of $89.79, Workday Inc (NYSE:WDAY) traded 1.47% higher on the day. With the last stock price close up 15.81% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Workday Inc has recorded a 50-day average of $86.38 and a two hundred day average of $79.17. Volume of trade was down over the average, with 1,524,080 shares of WDAY changing hands under the typical 1,554,860
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Workday Inc has a 52 week low of $47.32 and a 52 week high of $92.46 The company’s market cap is currently $0.
In addition to Wedbush reporting its target price, a total of 34 firms have reported on the stock. The consensus target price is $78.94 with 10 firms rating the stock a strong buy, 9 firms rating the stock a buy, 15 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.
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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