UPDATE: Stephens Upgrades Cornerstone OnDemand as Competition with Workday is Not Inhibiting Growth

In a report published Tuesday, Stephens analyst Alex Zukin upgraded the rating on Cornerstone OnDemand (NASDAQ: CSOD ) from Equal-Weight to Overweight, and raised the price target from $46.00 to $65.00. In the report, Stephens noted, “We are upgrading CSOD to an Overweight (Vol) rating from Equal-Weight (Vol) and raising