RBC Capital raised the firm’s price target on Workday (WDAY) to $320 from $300 and keeps an Outperform rating on the shares following its meeting with the company’s VP of IR. The firm cites peer multiple expansion while also noting that the discussion offered more insight on the demand environment, Workday’s core growth drivers, and the management’s FY26 guidance with “levers for acceleration”, the analyst tells investors in a research note.
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Read More on WDAY:
- Workday price target raised to $320 from $290 at Wolfe Research
- Workday price target raised to $320 from $280 at Mizuho
- The Hartford expands partnership with Workday for wellness
- Unusually active option classes on open December 9th
- Workday to replace Amentum in S&P 500 at open on 12/23
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
