Workday downgraded to Underweight by Piper Sandler over software spending concerns

5 hours ago 1
Workday Headquarters Building Exterior

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Workday (NASDAQ:WDAY) was downgraded to Underweight from Neutral by Piper Sandler due to a potential slowdown in enterprise software spending.

Piper Sandler also lowered its price target on the stock to $235 from $255.

Workday shares had declined 4.5% by

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