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Fly News Breaks for April 16, 2019
WDAY
Apr 16, 2019 | 09:10 EDT
Cleveland Research Ben Bollin says his latest research into Workday continues to point to favorable trends in the business, with work suggesting new logo growth in HR has continued through Q1, while Financials and mid-market adoption continue to inflect. Discussions on Adaptive continue to be positive, with growing cross-sell of existing Workday customers and better win rates in Greenfield opportunities, he adds. Further, the analyst continues to see upside to consensus estimates and reiterates a Buy rating on the stock.
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