Workday (NYSE:WDAY) has been downgraded from Buy to Hold in a statement by Needham earlier today.
- Updated: September 17, 2016
Needham has downgraded Workday(NYSE:WDAY) from Buy to Hold in a statement released on 8/22/2016.
On Wednesday June 1 2016, Goldman Sachs released a statement on Workday(NYSE:WDAY) bumped the target price from $71.00 to $80.00 that suggested an upside of 0.03%.
Yesterday Workday (NYSE:WDAY) traded 0.49% higher at $82.08. The company’s 50-day moving average is $83.73 and its 200-day average is $77.57. With the last stock price close up 14.64% relative to the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. Volume of trade was was up over the average, with 1,703,144 shares of WDAY changing hands over the typical 1,660,300 shares..
Recent Performance Graphic:
Workday has a 52 week low of $47.32 and a 52 week high of $90.73 . Workday’s market cap is presently $0.0.
A total of 34 equity analysts have reported on Workday. Ten firms rate the company a strong buy, nine firms rate the company a buy, 15 firms rate the company a hold, one brokerage rate the company to underperform, and lastly one brokeragerate the company as sell with a consensus target stock price of $78.94
Brief Synopsis 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, and among others.
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