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New Buy Rating for Workday (WDAY), the Technology Giant

Tipranks - Tipranks - Thu Feb 26, 6:28AM CST

In a report released today, Robert Simmons, CFA from Rosenblatt Securities maintained a Buy rating on Workday, with a price target of $150.00.

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According to TipRanks, Simmons, CFA is an analyst with an average return of -8.7% and a 38.46% success rate. Simmons, CFA covers the Technology sector, focusing on stocks such as BlackLine, Workday, and Onestream, Inc. Class A.

In addition to Rosenblatt Securities, Workday also received a Buy from Wells Fargo’s Michael Turrin in a report issued today. However, on the same day, Piper Sandler maintained a Hold rating on Workday (NASDAQ: WDAY).

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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

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