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BMO Capital seeing improved bookings environment for Dayforce

BMO Capital keeps an Outperform rating and a $67 price target on Dayforce (DAY) after meeting with its CFO. The company’s improved bookings environment has opened the potential for better growth momentum, building over the course of FY25, while more platform deals and growth in managed services represent “vectors of strength”, the analyst tells investors in a research note. There could be improvement in the financial model for Dayforce heading into 2026, BMO added.

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