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Fly News Breaks for August 30, 2019
WDAY
Aug 30, 2019 | 07:27 EDT
BMO Capital analyst Keith Bachman lowered his price target on Workday to $225 and kept his Market Perform rating, saying that while Q2 saw "solid" results, subscription backlog growth has slowed and the valuation on the stock looks challenging. The analyst remains positive on the company's fundamentals, but prefers to recommend the name at a "better entry point".
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