Skip to content

Workday downgraded to Underweight due to slow-developing AI initiatives: MS

Stocks & Finance
Workday downgraded to Underweight due to slow-developing AI initiatives: MS

Workday Headquarters Building Exterior

hapabapa/iStock Editorial via Getty Images

Workday (WDAY) was downgraded to Underweight from Equal-weight by Morgan Stanley despite having a strong moat in the software sector due to its artificial intelligence initiatives failing to drive meaningful growth.

"We do not see evidence that the company's AI initiatives


Source: Seeking Alpha — This article was automatically imported from the source. Read full article at original source →

SE
Originally published by Seeking Alpha seekingalpha.com
Visit original article

admin

Leave a Comment