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Fly News Breaks for February 25, 2016
WDAY
Feb 25, 2016 | 07:17 EDT
After conducting checks, RBC Capital believes that Workday benefited from a number of large HCM transactions last quarter. The firm believes that the company's financials business is accelerating, and it expects the company to report "good" Q4 results. However, it's not prepared to predict that the results will beat expectations. RBC keeps a $72 price target and Outperform rating on the shares.
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