Workday, Paycom Upgraded by Stifel on Growth Optimism

published 02.10.2020 19:00

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Workday shares recently traded little changed at $220.42.

“Workday is a net share gainer and can sustain mid-to-high teens HCM growth,” Reback said.

The human-resources-software platforms Workday (WDAY) - Get Report and Paycom (PAYC) - Get Report were upgraded by Stifel analyst Brad Reback to buy from hold.

“The stage is set for accelerating growth” amid “robust” demand, Stifel analyst Brad Reback said of Workday and Paycom as he upgraded the HR-software firms.