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Fly News Breaks for August 27, 2015
WDAY
Aug 27, 2015 | 08:31 EDT
JMP Securities cut its price target on Workday after the company reported stronger than expected Q2 results but provided lower than expected Q3 billings guidance. The firm continues to believe that the company will eventually obtain "big wins" in the financial vertical. It keeps an Outperform rating on the shares.
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