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Wells Fargo Gives a Buy Rating to Workday (WDAY)

Tipranks - Tipranks - Thu Aug 13, 6:00AM CDT

In a report released today, Michael Turrin from Wells Fargo assigned a Buy rating to Workday, with a price target of $215.00.

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According to TipRanks, Turrin is an analyst with an average return of -1.0% and a 45.88% success rate. Turrin covers the Technology sector, focusing on stocks such as Palo Alto Networks, Microsoft, and Oracle.

In a report released on August 10, Monness also maintained a Buy rating on the stock with a $202.00 price target.

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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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