Bank of America Securities analyst Bradley Sills maintained a Buy rating on Workday (WDAY – Research Report) yesterday and set a price target of $200.00. The company’s shares closed yesterday at $181.43.
Sills covers the Technology sector, focusing on stocks such as Microsoft, Salesforce, and Splunk. According to TipRanks, Sills has an average return of 0.0% and a 45.69% success rate on recommended stocks.
Currently, the analyst consensus on Workday is a Moderate Buy with an average price target of $203.12, representing an 11.96% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $220.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Based on Workday’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.6 billion and a GAAP net loss of $74.72 million. In comparison, last year the company earned a revenue of $1.33 billion and had a net profit of $43.41 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Based in California and founded in 2005, Workday, Inc. provides enterprise cloud applications for finance and human resources worldwide. It delivers financial management, human capital management, and analytics applications designed for companies, educational institutions, and government agencies.
Read More on WDAY:
