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Fly News Breaks for May 15, 2017
WDAY
May 15, 2017 | 06:47 EDT
Piper Jaffray analyst Alex Zukin raised his price target for Workday to $110 ahead of the company's Q1 results on June 1. The analyst's channel checks suggest a continuation of momentum on large HCM deals as well as the "long anticipated signings of two notable Financials deals in the quarter." The analyst views the upcoming earnings report as a catalyst and keeps an Overweight rating on the shares.
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