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Fly News Breaks for July 14, 2015
WDAY
Jul 14, 2015 | 06:39 EDT
As previously reported, Evercore ISI upgraded Workday to Buy from Hold. The firm views the recent pullback as a buying opportunity given reduced investor expectations, continued customer adoption of its core HCM offering, up-selling of Payroll, Recruiting, and Insight Apps into the existing base, and upside optionality with its Financials offering. Evercore has a $95 price target on shares.
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