Workday: Stifel Starts at Hold; ‘Immense’ Prospects, Pricey Stock
Posted on December 18, 2012 at 22:05 PM EST
Stifel Nicolaus’s Brad Reback yesterday initiated coverage of enterprise cloud computing software vendor Workday (WDAY) with a Hold rating, writing that “with a significant opportunity in front of it within the HR market and a rapidly growing product set, we expect the company to sustain well above 45% growth for the next several years,” but [...]