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Fly News Breaks for January 11, 2017
WMT, WDAY
Jan 11, 2017 | 13:59 EDT
Drexel Hamilton analyst Brian White believes Workday's (WDAY) contract win with Wal-Mart (WMT) puts to rest concerns over the company's ability to obtain large deals. After weakness with large deals drove a soft Q4 outlook and share selloff in early December, today's news "debunks any concerns around big deals," White tells investors in an intraday research note. He believes the Wal-Mart news has "important psychological implications" for the stock and the company's brand. The analyst has a Buy rating on Workday with a $104 price target.
News For WDAY;WMT From the Last 2 Days
WMT
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 09:50 EDT
After Walmart (WMT) and Vizio (VZIO) pulled and refiled their notification under the Hart-Scott-Rodino Act Wednesday, Dealreporter told its readers that the move "may have investors wondering if this could become another Amazon (AMZN) and iRobot (IRBT) situation," contacts tell The Fly. While the M&A-focused publication said "there are traces of that same dynamic here," it added that "this pull-and-refile suggests this deal is on stronger footing than AMZN-IRBT," according to contacts. The news service sees "a genuine chance that this deal could get a prolonged look from regulators due to some of the similar dynamics at play compared to IRBT and AMZN," it reportedly said.