Workday (WDAY +1.8%) trades higher after William Blair and Canaccord start coverage with Buy...

|About: Workday (WDAY)|By:, SA News Editor

Workday (WDAY +1.8%) trades higher after William Blair and Canaccord start coverage with Buy ratings. "We have every indication that Workday is one of those once-in-a-decade companies that comes along in software and revolutionizes the space," says Canaccord's Richard Davis. Workday is down 14% from its post-IPO high of $57.21, but remains up 75% from its $28 IPO price. (UBS starts at Neutral)