WDAY: Pac Crest Starts at Buy on Technology Edge
Posted on November 06, 2012 at 15:58 PM EST
Cloud computing software provider Workday (WDAY), which sells programs to run “back-office” functions such as human resources, received one of its first coverage reports since it went public on October 12th, with Pacific Crest’s Brendan Barnicle initiating coverage at Outperform, and projecting the stock “can support $60.” Within the $39 billion addressable market for “human [...]