Wall Street Bulls Look Optimistic About Workday (WDAY): Should You Buy?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Check price target & stock forecast for Workday here>>> While the ABR calls for buying Workday, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendati ...