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Fly News Breaks for August 27, 2015
WDAY
Aug 27, 2015 | 07:55 EDT
Oppenheimer believes that Workday reported good Q2 results, as its billings growth exceed expectations, according to the firm. However, the firm views the company's comments on Q3 billings as "disappointing." Nonetheless, the firm expects investors to find the company's stock "intriguing," since the company is a winner but its shares are trading at two year lows, according to the firm. Oppenheimer keeps a $90 price target and Outperform rating on the stock.
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