Jefferies analyst Samad Samana lowered the firm’s price target on Dayforce (DAY) to $60 from $65 and keeps a Hold rating on the shares following the company’s Q2 report. Strong sales traction and healthy upsell trends “bode well” for Q4 and FY26 Dayforce Core growth, but after Q4 of FY24 “investors want to see it before rewarding the stock,” the analyst contends.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAY:
- Morning Movers: Shopify, Capri Holdings rise sharply after quarterly reports
- Dayforce Reports Strong Q2 2025 Financial Results and Growth Momentum
- Dayforce reports Q2 adjusted EPS 61c, consensus 53c
- Dayforce sees Q3 revenue $476M-$486M, consensus $482.79M
- Dayforce sees FY25 revenue $1.935B-$1.955B, consensus $1.94B