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Needham Reaffirms Buy on Workday (WDAY) Ahead of Analyst Day

Workday, Inc. (NASDAQ:WDAY) is one of the Hot AI Stocks to Keep on Your Radar. On September 9, Needham analyst Scott Berg reiterated a Buy rating on the stock with a $300.00 price target. The rating affirmation comes ahead of Workdays’ annual Analyst Day scheduled on September 16. The firm believes that Workday is likely going to have a lower growth profile, due to which it will raise its operating margin target from the current approximately 30% level. Looking ahead, it believes that Workday’s long-term ...