♔ The Trade Off
Workday (WDAY) was downgraded to a Hold Rating at Mizuho Securities
Workday received a Hold rating and price target from Mizuho Securities analyst today.
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In addition to Mizuho Securities, Workday also received a Hold from Jefferies’s Brent Thill in a report issued today. However, on the same day, Cantor Fitzgerald maintained a Buy rating on Workday (NASDAQ: WDAY).
Based on Workday’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $2.43 billion and a net profit of $252 million. In comparison, last year the company earned a revenue of $2.16 billion and had a net profit of $193 million
Read More on WDAY:
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- Workday price target lowered to $200 from $280 at Cantor Fitzgerald
- Workday price target lowered to $200 from $280 at Morgan Stanley
- Workday: Fairly Valued Amid Growth Uncertainty, Strategy Ambiguity, and Unproven AI Monetization
- Workday Stock (WDAY) Slides as Jefferies Axes Target by 54% Ahead of Q4, Cites AI Fears
- Workday downgraded to Hold from Buy at Jefferies
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