BMO Bullish on Workday: Targets $338 Amid AI Growth

Workday, Inc. Receives Positive Outlook from BMO Capital Markets, Raises Price Target to $338

BMO Capital Markets has maintained its Outperform rating on Workday, Inc. while raising the price target to $338 from the previous $290. The firm’s positive outlook is based on Workday’s progress in key strategic areas such as its go-to-market approach, momentum in its Financial Management Solutions (FINS), and the development of artificial intelligence (AI) and machine learning (ML) product opportunities.