Citi analyst Steven Enders raised the firm’s price target on Dayforce (DAY) to $81 from $75 and keeps a Buy rating on the shares. The company reported strong headline results with a 2.7% revenue beat, with upside from pro services and float, the analyst tells investors in a research note. Citi is encouraged by Dayforce’s continued steady execution and solid outlook despite rate concerns.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter