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Workday (WDAY): New Buy Recommendation for This Technology Giant

Tipranks - Tue Jul 28, 8:54PM CDT

In a report released on July 26, Rishi Jaluria from RBC Capital maintained a Buy rating on Workday, with a price target of $180.00.

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Jaluria covers the Technology sector, focusing on stocks such as Microsoft, NICE, and Salesforce. According to TipRanks, Jaluria has an average return of -6.3% and a 48.42% success rate on recommended stocks.

Workday has an analyst consensus of Moderate Buy, with a price target consensus of $163.83.

Based on Workday’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $2.54 billion and a net profit of $222 million. In comparison, last year the company earned a revenue of $2.24 billion and had a net profit of $68 million

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