Reported 1 day ago
Needham has reaffirmed its 'Buy' rating for Workday Inc. (NASDAQ: WDAY) with a price target of $300, despite anticipating a decrease in fiscal year 2027 subscription revenue growth from 15% to 13%. The firm cites slower growth due to Enterprise Resource Planning (ERP) migration delays but expects Workday to increase its operating margin target while pursuing growth through artificial intelligence integration and strategic partnerships.
Source: YAHOO