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Fly News Breaks for November 20, 2015
WDAY
Nov 20, 2015 | 08:20 EDT
Stephens analyst Alex Zukin believes investors should see past some billings and revenue recognition issues Workday is facing and focus on the bigger picture, noting its backlog growth and signs that it is starting to gain traction with Workday Financials. The analyst recommends adding to positions on a post-earnings pullback and reiterates an Overweight rating and $90 price target on Workday shares.
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