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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAY:
- Dayforce Inc: Strong Growth Potential and Financial Improvement Drive Buy Rating
- Dayforce price target raised to $72 from $68 at UBS
- Dayforce price target lowered to $65 from $75 at Jefferies
- Dayforce selected by Hubexo for workforce transformation
- Dayforce price target lowered to $70 from $83 at Piper Sandler