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Fly News Breaks for June 1, 2016
WDAY
Jun 1, 2016 | 07:19 EDT
UBS raised its price target on Workday to $86 from $80 and continue to view the company as a core holding among SaaS platforms. The firm said the company delivered solid Q1 results and believes its platform story is coming together, leading to improved conversion rates. UBS reiterated its Buy rating on Workday shares.
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