BMO Capital Adjusts Price Target on Workday to $230 From $182, Keeps Outperform Rating
BMO Capital raised its price target for Workday to $230 from $182, maintaining an outperform rating. Other firms also adjusted their targets, with RBC raising it to $240 and Monness Crespi & Hardt to $218. Workday's stock is currently trading at $193.57, up 1.48%.
How this was made
The 30-second read
Why it matters
Analyst upgrades signal a modest bullish bias but lack new fundamental information.
Market read
Provides a brief update on analyst sentiment for Workday; limited trading relevance.
What to watch
Potential competitive pressure from rivals not addressed in the upgrade.
Background
The article aggregates recent analyst price‑target adjustments for Workday after its latest earnings release.
Ticker impact
BMO Capital raises Workday price target to $230 from $182 and maintains Outperform rating.
Potential modest price increase if market follows the new target.
Target raise reflects improved outlook but no new company data released.
Market effects
May lift sentiment in the enterprise software sector.
Limited to U.S. markets where Workday trades.
Minimal global impact.
Counterpoint
Target raise could be premature without fresh earnings data.
Key entities
- companyWorkday
Enterprise software provider.
- analystBMO Capital
Investment bank issuing the price‑target change.

