Workday’s stock surged 4% after Bank of America raised its price target and Barclays reaffirmed bullish views, but the move is less about a game-changing shift and more about broader market tailwinds—thanks to easing global tensions and falling Treasury yields, which boost growth stocks like Workday. Still, the company’s shares remain down this year and far below their September peak; a $1,000 investment five years ago would now be worth just $855.
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