earnings beat, guidance boost+boost price target+Co-CEO Promotes

Workday Promotes Chano Fernandez to Co-CEO

earnings beat, guidance boost

Workday reported a second-quarter net loss of $28 million, or 12 cents a share, on sales of $1.06 billion, up from $888 million a year ago. After adjusting for stock-based compensation and other factors reported earnings of 84 cents a share, up from 44 cents a share in the same quarter the year before.

As a result of our strong Q2 performance, we are raising our fiscal 2021 subscription revenue guidance to a range of $3.73 billion to $3.74 billion,"

finance.yahoo.com/news/workday-promotes-chano-fernandez-co-200100482.html

Jefferies boosted its price target on Workday from $180 to $195

We remain fundamental fans of WDAY's broad product portfolio and believe that spend will inevitably come back as we recover

Salesforce.com (CRM) soared 26% to a record high after the company reported a strong July quarter and gave a bullish forecast.

fool.com/investing/2020/08/26/why-workday-stock-popped-today/

move to the cloud is ongoing and even challenged industries are seeing the benefits and cost savings of modern cloud applications.

realmoney.thestreet.com/investing/stocks/workday-works-on-an-important-upside-breakout-15410362?puc=yahoo&cm_ven=YAHOO