Workday (WDAY) shares have been in a sharp uptrend since late June, a rally that Deutsche Bank says should make disciplined investors begin taking profits. The firm’s lead analyst Brad Zelnick downgraded WDAY to “Hold,” although his $220 price target still signals potential upside of more than 15% from here.
Versus its June low, Workday stock is up about 70% at the time of writing.
