Dayforce lifts annual revenue forecast on strong payroll demand; shares rise

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Go back to Dayforce lifts annual revenue forecast on strong payroll demand; shares rise

Dayforce (DAY) PT Raised to $74 at Citi

July 31, 2024 2:52 PM EDT

Citi analyst Steven Enders raised the price target on Dayforce (NYSE: DAY) to $74.00 (from $66.00) while maintaining a Buy rating.

The analyst comments "Headline results were likely better than feared with a 1.4% revenue beat (vs. 1.3% last Q and 1.4% 4Q ave) and an in-line... More