Bank of America lowered Workday's price target to $265, following similar moves by other firms.
Bank of America lowered Workday's price target to $265 from $275, joining other firms like Wells Fargo, Citigroup, JMP Securities, and Goldman Sachs in reducing targets. Workday reported a Q2 EPS of $0.51, beating estimates, and has a "Moderate Buy" consensus rating with an average price target of $279.22. Insider selling and hedge fund activity have also been noted.
August 15, 2024
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