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jimmybob

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jimmybob

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Thursday, 02/26/2015 6:10:15 AM

Thursday, February 26, 2015 6:10:15 AM

Post# of 69
$WDAY Workday Q4 even stronger than it looks, says Jefferies
Jefferies believes a 77% rise in new subscription annualized contract value makes Workday's Q4 results even stronger than they appear. The firm believes the company's business momentum is accelerating and raised its price target for the stock to $99 from $94. Jefferies keeps a Hold rating on the name, however, saying it believes Workday's "significant growth prospects" are priced in at current share levels

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