Workday (NASDAQ: WDAY)‘s stock had its “outperform” rating reiterated by investment analysts at Pacific Crest in a note issued to investors on Monday.

Shares of Workday traded up 5.62% during mid-day trading on Monday, hitting $60.86. Workday has a 52 week low of $45.05 and a 52 week high of $57.94. The stock’s 50-day moving average is currently $52.97. The company’s market cap is $10.103 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup initiated coverage on shares of Workday in a research note to investors on Tuesday, February 5th. They set a “neutral” rating and a $58.00 price target on the stock. Separately, analysts at Barclays Capital initiated coverage on shares of Workday in a research note to investors on Friday, February 1st. They set an “equal weight” rating and a $58.00 price target on the stock. Finally, analysts at Northland Capital initiated coverage on shares of Workday in a research note to investors on Wednesday, January 30th. They set a “market perform” rating and a $60.00 price target on the stock.

Seven equities research analysts have rated the stock with a buy rating, and eleven have issued a hold rating to the company’s stock. The company currently has a consensus rating of “overweight” and a consensus target price of $57.08.

Workday, Inc. is a provider of enterprise cloud-based applications for human capital management (HCM), payroll, financial management, time tracking, procurement and employee expense management.

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