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Fly News Breaks for September 30, 2015
WDAY
Sep 30, 2015 | 08:17 EDT
After attending Workday's annual customer conference and analyst day, Canaccord analyst David Hynes said the company continues to widen its competitive gap and that its roadmap for its next several releases seems very well defined. The analyst, who acknowledged it can be "scary to buy a high valuation stock in an apprehensive tape," lowered his price target on Workday but maintains a Buy rating on the company, which he calls one of the highest-quality names in its sector
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