🔴 WDAY is trading 5.7% down today on Cantor Fitzgerald target cut and pre-earnings caution

WDAY is trading 5.7% down at $119.37 following a sharp pullback triggered by a price-target cut from Cantor Fitzgerald and mounting caution ahead of its Q1 earnings report.

• Cantor Fitzgerald lowered its price target to $160 from $200 while maintaining an Overweight rating, extending the stock's weakness from the previous session.
• The downward move is further pressured by a softer broader market, which is intensifying investor anxiety leading into the company's Q1 financial results.