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Canaccord reported on Workday (NYSE:WDAY), stepping up its target to $110.00 earlier today

Having a price of $91.69, Workday (NYSE:WDAY) traded 1.47% higher on the day. With the last stock price up 15.81% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the date range. WDAY has recorded a 50-day average of $86.38 and a 200-day moving average of $79.17. 1,524,080 shares of the stock were exchanged, down from an average trading volume of 1,554,860

Workday (NYSE:WDAY) had its target price bumped up to $110.00 by Canaccord in a report issued 10/3/2016. The increased price target implies a potential upside of 0.20% based on the company's most recent stock close price.

On 9/28/2016, Jefferies & Co released a statement for Workday (NYSE:WDAY) increased the target price from $72.00 to $79.00. At the time, this indicated a possible downside of -0.13%.

Recent Performance Chart

Workday (NYSE:WDAY)

Workday has a with a one year low of $47.32 and a one year high of $92.46 The company’s market cap is currently $0.

In addition to Canaccord reporting its stock price target, a total of 34 analysts have issued a report on WDAY. The one year target is $78.94 with 10 analysts rating the company a strong buy, 9 brokers rating the company a buy, fifteen firms rating the stock a hold, 1 broker rating the company a underperform, and lastly one brokerage rating the company a sell.

More About Workday (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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