- The shares of Workday (WDAY) could potentially hit $223 according to analysts at Baird. These are the details.
Recently, Baird analysts assigned Workday a price target of $223 along with an “Outperform” rating.
Baird analysts adjusted the rating while noting that the recent results were better than feared. And the company showed better-than-expected resiliency in the face of macro uncertainty.
Recently, Workday reported a Q3 EPS of $0.99, which was $0.15 higher than analyst estimates of $0.84. And the revenue for the quarter was $1.6 billion compared to the consensus estimate of $1.58 billion.
Price target: $223
Analyst firm: Baird