Barclays Maintains a Hold Rating on Workday Inc (WDAY)


In a report released yesterday, Raimo Lenschow from Barclays maintained a Hold rating on Workday Inc (NASDAQ: WDAY), with a price target of $150. The company’s shares closed yesterday at $142.21.

According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 19.0% and a 74.6% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Cornerstone Ondemand, and Coupa Software Inc.

Currently, the analyst consensus on Workday Inc is a Moderate Buy with an average price target of $162.78, implying a 14.5% upside from current levels. In a report released yesterday, Credit Suisse also reiterated a Hold rating on the stock with a $150 price target.

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The company has a one-year high of $157.12 and a one-year low of $95.35. Currently, Workday Inc has an average volume of 1.87M.

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Workday, Inc. engages in the development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management, and analytics applications designed for companies, educational institutions, and government agencies.

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