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-0.000472286363141189 0.00274909800180016 -0.00433784182584971 -0.00042415863744601 0.00475882720665622 0.0113168909277649 0.00713876968609081 0.00356885596693877
Stock impact report

Workday stock rises after Cowen turns bullish [MarketWatch]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: MarketWatch
Workday stock rises after Cowen turns bullish Shares of Workday Inc. WDAY, -0.24% are up 2.3% in premarket trading Wednesday after Cowen & Co. analyst J. Derrick Wood upgraded the stock to outperform from market perform. His channel checks show "a strong uptick" in the pipeline of new blue-chip customers for Workday's "cloud financial" product. "We think this is set to kick off a powerful new product cycle," he wrote. "Combined with more bullish checks on analytics, we see several new product-cycle growth catalysts emerging, leading to greater upside and a more bullish narrative." Wood increased his target price to $225 from $160. The stock has risen 38% over the past three months, as the S&P 500 SPX, +0.87% has gained 0.6%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. Show less Read more
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