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Fly News Breaks for February 22, 2018
WDAY
Feb 22, 2018 | 07:55 EDT
RBC Capital analyst Ross MacMillan raised his price target on Workday to $135 ahead of the company's Q4 earnings, stating that he sees an opportunity for an upward revision in FY19 guidance. MacMillan cites higher traction in Workday's Financials business and continued performance of the company's core HCM, as its upsell opportunity accelerates with the broader product portfolio. The analyst keeps his Outperform rating.
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