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Fly News Breaks for February 15, 2019
WDAY
Feb 15, 2019 | 07:59 EDT
As reported previously, Cowen analyst J. Derrick Wood upgraded Workday to Outperform from Market Perform. The analyst said his checks reveal a strong uptick in its pipeline of new blue chip Cloud financial customers and he believes it is ready to set off a new product cycle. He also sees more product cycle growth catalysts emerging, leading to greater upside. Wood raised his price target to $225 from $160 on Workday shares.
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