Workday Core Business Growth Sparks Q1 Earnings Beat

By | May 28, 2014

Scalper1 News

Workday got at least three price target increases Wednesday after the maker of cloud-based HR software late Tuesday posted Q1 earnings and sales that beat expectations, as did its Q2 revenue forecast, but it also got at least two price target cuts as analysts eye tougher competition. Workday (WDAY) was up 1.5% in morning trading in the stock market today, after rising more than 6% after hours Tuesday, following the release of its results for the Scalper1 News

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