Workday (WDAY) Earns Neutral Recommendation from Rosenblatt; Analyst Price Forecast Indicates 34.39% Upside

Rosenblatt initiates coverage of Workday (WDAY) with a Neutral recommendation, suggesting a 34.39% upside from its latest closing price. The projected annual revenue for Workday is 9,691MM, an increase of 4.98%, with a projected annual non-GAAP EPS of 7.54, a decrease of 6.22% from the prior forecast. Institutions own 227,594K shares, a 2.74% increase in the last three months.