Needham analyst Scott Berg downgraded Dayforce (DAY) to Hold from Buy without a price target after the company entered into an agreement to be acquired by Thoma Bravo for $12.3B or $70 per share.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAY:
- Dayforce upgraded to Equal Weight from Underweight at Wells Fargo
- Dayforce price target raised to $70 from $61 at Barclays
- Dayforce downgraded to Sector Weight from Overweight at KeyBanc
- Dayforce price target raised to $70 from $60 at Jefferies
- Walmart reports mixed Q2, Thoma Bravo to acquire Dayforce: Morning Buzz
