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uranium-pinto-beans

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uranium-pinto-beans

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Friday, 05/24/2024 6:18:00 AM

Friday, May 24, 2024 6:18:00 AM

Post# of 364383
Workday price target lowered to $330 from $350 at Jefferies
Jefferies lowered the firm's price target on Workday to $330 from $350 and keeps a Buy rating on the shares after the company delivered a "mixed" report. Management also guided Q2 CRPO growth below the Street and lowered FY25 subscription revenue growth guidance to 17% from 17%-18% due to scrutiny in large new deals and lower headcount growth, notes the analyst. However, the firm believes CEO Carl Eschenbach is putting the right initiatives in place despite the near-term challenges, the analyst added.

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