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Needham & Company LLC downgraded Workday Inc (NYSE:WDAY) to Hold in a report released today.

Needham & Company LLC has downgraded Workday Inc(NYSE:WDAY) to Hold in a report released on 8/22/2016.

Previously on Wednesday June 1 2016, Goldman Sachs reported about Workday Inc(NYSE:WDAY) upped the target price from $71.00 to $80.00 that suggested an upside of 0.03%.

Boasting a price of $82.08, Workday Inc (NYSE:WDAY) traded 0.49% higher on the day. The last close is up 14.64% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. The company has been tracking to a 50-day average of $83.73 and two hundred day average of $77.57. 1,703,144 shares of the stock traded, up from ann average trading volume of 1,660,300

Performance Chart:

Workday Inc (NYSE:WDAY)

Workday Inc has a one-year low of $47.32 and a 52 week high of $90.73 . WDAY’s market cap is currently $0.0.

A total of 34 analysts have released a report on the stock. Ten firms rate the company a strong buy, nine firms rate the stock a buy, 15 firms rate the stock a hold, one brokerage rate the company to underperform, and lastly one firmrate the stock as sell with a one year target price of $78.94

General Information 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, and among others.

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