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Fly News Breaks for September 28, 2016
WDAY
Sep 28, 2016 | 06:04 EDT
Jefferies analyst John DiFucci raised his price target for Workday to $79 after attending the company's annual user conference and analyst day. The shares closed yesterday up $1.47 to $89.79. The analyst expects Workday will be a "substantially larger company in the years to come," but he finds the stock richly valued and believes the company will face "significant competitive pressure." DiFucci keeps a Hold rating on Workday.
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