Workday Inc (NASDAQ: WDAY) stock enjoyed a major increase of 11.0% on 11/29/23. The shares closed at $263.49. Moreover, trading volume in this advance was exceptionally high at 494% of normal. The stock has risen 11.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WDAY is expected to continue to be a major Value Builder.
Workday has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Workday has a poor Appreciation Score of 20 but a very high Power Rating of 87, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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