Is Workday In Buyout Talks? Analyst No Longer Bullish After Flex Credit’s ‘Limited Adoption’
Workday's cRPO estimates are overly optimistic and subscription revenue growth seems too aggressive. Analyst Verkhovski downgrades stock.
A stock expert thinks Workday's growth plans might be too optimistic because fewer customers are using a newer feature than expected. This makes them less confident about the company's future earnings.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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