Workday (WDAY) Receives a Rating Update from a Top Analyst


Monness analyst Brian White maintained a Buy rating on Workday (WDAY) today and set a price target of $262.00. The company’s shares closed last Monday at $173.50.

According to TipRanks.com, White is a top 100 analyst with an average return of 23.7% and a 72.4% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Salesforce.

Currently, the analyst consensus on Workday is a Moderate Buy with an average price target of $209.67, representing a 24.1% upside. In a report issued on November 27, Merrill Lynch also reiterated a Buy rating on the stock with a $260.00 price target.

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The company has a one-year high of $226.83 and a one-year low of $141.70. Currently, Workday has an average volume of 1.99M.

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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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