Dayforce price target lowered to $69 from $80 at Barclays

Barclays lowered the firm’s price target on Dayforce (DAY) to $69 from $80 and keeps an Equal Weight rating on the shares. The company delivered a solid quarter but the important Dayforce recurring ex-float figure came in below expectations for Q4 and fiscal 2025, the analyst tells investors in a research note. The firm says that despite continuing to take market share, this reduces some of the excitement around the mid-term growth story and will likely weigh on the shares in the short term.