By: Benzinga
UPDATE: Stifel Nicolaus Initiates Workday at Hold on Valuation
Stifel Nicolaus initiated coverage on Workday (NYSE: WDAY ) with a Hold rating. Stifel Nicolaus noted, "We are initiating coverage of Workday, Inc. (WDAY) with a Hold rating on the shares, given we believe current valuation accurately reflects the substantial growth opportunity the company has in front of it,
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