Workday is trading 6.3% up at $186.27 after broad risk-on sentiment followed July PPI data showing flat monthly producer prices and easing inflation concerns.
- No fresh company-specific announcement clearly explains the August 13, 2026 rally.
- Monness Crespi & Hardt recently raised its price target to $202, which may support sentiment.
- The move appears primarily aligned with stronger technology markets.