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Analysts Offer Insights on Technology Companies: VTEX (VTEX) and Workday (WDAY)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on VTEX (VTEXResearch Report) and Workday (WDAYResearch Report) with bullish sentiments.

VTEX (VTEX)

In a report released today, Franco Granda from D.A. Davidson maintained a Buy rating on VTEX. The company’s shares closed last Tuesday at $6.90, close to its 52-week high of $7.15.

According to TipRanks.com, Granda is a 3-star analyst with an average return of 2.2% and a 45.5% success rate. Granda covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Unity Software, and Squarespace.

Currently, the analyst consensus on VTEX is a Moderate Buy with an average price target of $7.00, which is a -0.8% downside from current levels. In a report issued on November 8, Bank of America Securities also reiterated a Buy rating on the stock with a $8.50 price target.

See today’s best-performing stocks on TipRanks >>

Workday (WDAY)

D.A. Davidson analyst Robert Simmons, CFA maintained a Buy rating on Workday today and set a price target of $280.00. The company’s shares closed last Tuesday at $236.68, close to its 52-week high of $252.72.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -6.7% and a 34.5% success rate. CFA covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, Smartsheet, and Monday.com.

Currently, the analyst consensus on Workday is a Moderate Buy with an average price target of $256.68, which is an 8.5% upside from current levels. In a report issued on November 15, BMO Capital also maintained a Buy rating on the stock with a $260.00 price target.

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