Workday Introduces Military Skills Mapper; Evercore Maintains $300 Target
Evercore ISI maintained a Buy rating on Workday with a $300 price target on February 5, while Piper Sandler trimmed its target to $200 from $235 and kept a Neutral rating on February 2. On February 3, Workday debuted the Military Skills Mapper feature to translate veterans’ military roles into civilian-equivalent skills for recruiters.
1. Evercore ISI Upholds Buy Rating
On February 5, Evercore ISI reiterated a Buy rating on Workday and set a $300 price target, reflecting confidence in the company’s long-term cloud applications growth and enterprise momentum.
2. Piper Sandler Lowers Price Target to $200
On February 2, Piper Sandler adjusted its price target down to $200 from $235 while maintaining a Neutral rating, citing ongoing pessimism in the software sector and concerns over seat-compression narratives.
3. Launch of Military Skills Mapper
Workday launched the Military Skills Mapper on February 3, a recruiting tool that converts veterans’ military experience into civilian-equivalent competencies, aiming to enhance veteran hiring and broaden its human capital management offerings.