Workday price target raised to to $110-120 from $80-$85 at Wells Fargo Wells Fargo increased its price target on Workday after the company reported stronger than expected Q4 results. The firm thinks the results illustrate the company's significant opportunity in HCM and additional product lines. It believes the company continues to execute well, and keeps an Outperform rating on the shares.
Workday Veeva have positive read throughs from Salesforce, says Pacific Crest After Salesforce (CRM) reported stronger than expected Q1 results, Pacific Crest says Salesforce's strength in enterprises make it more confident in Workday (WDAY) and Veeva (VEEV). The firm says that its checks for both Workday and Veeva are positive. It notes that both companies are due to report their results next week and recommends buying theit shares.