Workday, Inc. (NASDAQ:WDAY) plans to invest CA$1 billion in Canada over the next 5 years, emphasizing growth in the country and development of local tech talent. This aligns with Canada’s focus on advancing responsible AI and domestic capability-building. Barclays recently lowered their price target on WDAY stock to $275 from $280, while maintaining an “Overweight” rating. Workday, Inc. offers enterprise cloud applications. Investors looking for undervalued AI stocks can explore other options with higher upside potential. This news was originally reported on Insider Monkey.

Read more at Yahoo Finance: Workday (WDAY) Announces Plans to Invest CA$1 billion in Canada