Fly News Breaks for February 21, 2020
Feb 21, 2020 | 09:12 EDT
BMO Capital analyst Keith Bachman raised his price target on Workday to $215 but kept his Market Perform rating ahead of its quarterly results. The analyst notes that the results for the company's financial/planning business are "very good", but he expects decelerating revenue growth for Workday over the next few years with a slowing pipeline of new logos in large enterprise.
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