Workday Earnings: What to Watch
Shares of human-capital management cloud platform provider Workday (NASDAQ: WDAY) received a huge analyst upgrade this week, just as the tech company is about to report earnings. UBS analyst Karl Keirstead raised his price target on the stock from $255 to $370. In addition, the analyst upgraded his rating on the stock from neutral to buy, noting that there's been an uptick in human resources-focused back-office systems, creating a catalyst for Workday.
The move to upgrade shares before earnings takes some guts. Can Workday deliver on Keirstead's optimistic view?
Ahead of Workday's earnings report this week, here's a preview of some of the key items investors will want to watch.
Source Fool.com
