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Ceridian Insights affirmed confidence in company’s positioning, says DA Davidson

DA Davidson keeps a Buy rating and $78 price target on Ceridian after its Ceridian Insights 2023 event, which left the firm with continued confidence in the company’s positioning, innovation, and momentum. Partners discussed Ceridian’s good deal activity and pipeline, while the customers were generally positive on the current offerings and the planned new ones, the analyst tells investors in a research note.

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