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Fly News Breaks for December 2, 2016
WDAY
Dec 2, 2016 | 07:31 EDT
Oppenheimer analyst Brian Schwartz lowered his price target for Workday to $88 from $100 due to a lower valuation multiple driven by 2017 subscriptions billings growth expectations below his estimates. The analyst reiterates an Outperform rating on the shares.
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